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MicroStrategy added 1,434 BTC at $57,477 each, pushing total holdings to 122,478 coins worth over $5.9 bn as Bitcoin trades near $64.8k.
MicroStrategy bought 1,434 Bitcoin between Nov 29‑Dec 8, 2021, raising its total stash to 122,478 BTC and valuing the cache at more than $5.9 billion amid a Bitcoin price of $64,825.78 [3].
| At a glance | |
|---|---|
| BTC price | $64,825.78 (down 25.9% YTD) |
| New purchase | 1,434 BTC at $57,477 avg. price |
| Total holdings | 122,478 BTC ≈ $5.9 bn |
| Catalyst | Quarterly filing disclosed the buy |
The SEC filing shows MicroStrategy spent roughly $82.4 million for the 1,434‑BTC tranche, paying an average of $57,477 per coin—about 12% below the current market level. The purchase lifts the firm’s Bitcoin balance to 122,478 BTC, a jump of roughly 1.2% from the prior 121,044 BTC count. At today’s price, the holdings are valued at just over $5.9 billion, a modest increase from the $5.7 billion valuation a month earlier when Bitcoin traded near $63,700 [2].
MicroStrategy’s Q2 2026 earnings revealed an $8.22 billion net loss, driven largely by a $8.9 billion fair‑value hit on its 843,775‑BTC position as Bitcoin fell to $64,713 [2]. The firm’s “BTC Hurdle ARR”—the effective cost of credit—stands at 10.8%, while its Bitcoin yield for the year is 4.5%, leaving a spread of roughly three percentage points that investors must monitor [2]. Preferred‑share dividends consumed $400.7 million this quarter, prompting the sale of about $218.4 million of Bitcoin to meet cash needs [2].
Prediction‑market odds on Polymarket show a 0.11 probability that MicroStrategy will announce any Bitcoin purchase this week, but a 0.365 chance that a purchase exceeding 1,000 BTC will occur if a buy is announced [1]. The same platform assigns a 0.007 probability to a Bitcoin sale in the same window, indicating market belief that the firm will continue buying rather than offloading [1]. Sentiment scores have slipped sharply, with the composite bearish rating falling from 73.88 on July 1 to 37.76 today—a 36‑point drop in 30 days [1].
MicroStrategy’s strategy remains tightly linked to Bitcoin’s trajectory; each new purchase narrows the gap between its cost basis and market price, but the firm’s widening credit cost and recent losses mean the sustainability of its Bitcoin‑centric balance sheet hinges on price recovery and cash‑flow management.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Aug 5, 2026 · How we report
As of the second quarter of 2026, MicroStrategy holds 843,775 Bitcoin, valued at approximately $54.6 billion based on the price of about $64,745 per Bitcoin.
Steno Research indicates the premium, which has approached 300%, exceeds historical levels and may be eroded by the introduction of Bitcoin spot ETF options that give investors direct exposure to Bitcoin.
The stock is currently down more than 80% from its 2024 peak of over $500 per share.
The company reported a loss of $8.22 billion for the second quarter of 2026, attributing it to the decline in Bitcoin prices.
Analysts suggest that Bitcoin spot ETFs could reduce investors' motivation to hold MicroStrategy shares, as they would provide a direct way to own Bitcoin without needing the company's stock.