#MicroStrategy
đ "Thereâs always room for orange": Strategy buys another 250 $BTC , bringing its holdings to 848,250 $BTC
Michael Saylorâs company (Strategy, Inc.) has once again expanded its bitcoin reserve:
New purchase: 250 BTC for $21.5 million (average price of $86,194 per coin) between October 5 and October 11.
Total balance: 848,250 BTC (over 4% of the total supply of 21 million bitcoins).
Total portfolio value: approximately $70.6 billion at an average purchase price of $75,444 per BTC (unrealized profit stands at ~$6.6 billion).
đĄ Funding sources and reserves
The deal was financed through the issuance and sale of Class A shares (MSTR) worth $21 million and remaining cash reserves.
The company also redeemed STRC preferred shares totaling $192.4 million.
Strategyâs current liquid reserves stand at $4.88 billion in USD Reserve and $640.5 million in USD Cash.
đ Market context and analytics
Corporate reserve leaders: According to Bitcoin Treasuries, 198 public companies now hold bitcoin. Strategy remains the undisputed #1, significantly ahead of Metaplanet (44,000 BTC) and MARA (35,577 BTC). Analyst forecasts: TD Cowen reaffirmed its price target of $260 for MSTR shares (~70% upside potential), projecting BTC to reach $109,000 by year-end and $280,000 by 2029.
đ "Thereâs always room for orange": Strategy buys another 250 $BTC , bringing its holdings to 848,250 $BTC
Michael Saylorâs company (Strategy, Inc.) has once again expanded its bitcoin reserve:
New purchase: 250 BTC for $21.5 million (average price of $86,194 per coin) between October 5 and October 11.
Total balance: 848,250 BTC (over 4% of the total supply of 21 million bitcoins).
Total portfolio value: approximately $70.6 billion at an average purchase price of $75,444 per BTC (unrealized profit stands at ~$6.6 billion).
đĄ Funding sources and reserves
The deal was financed through the issuance and sale of Class A shares (MSTR) worth $21 million and remaining cash reserves.
The company also redeemed STRC preferred shares totaling $192.4 million.
Strategyâs current liquid reserves stand at $4.88 billion in USD Reserve and $640.5 million in USD Cash.
đ Market context and analytics
Corporate reserve leaders: According to Bitcoin Treasuries, 198 public companies now hold bitcoin. Strategy remains the undisputed #1, significantly ahead of Metaplanet (44,000 BTC) and MARA (35,577 BTC). Analyst forecasts: TD Cowen reaffirmed its price target of $260 for MSTR shares (~70% upside potential), projecting BTC to reach $109,000 by year-end and $280,000 by 2029.