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MicroStrategy bought 15,350 Bitcoin for $1.5 bn, raising its reserve to 439,000 BTC – see how the purchase was funded and what the on‑chain metrics look like.
MicroStrategy announced a $1.5 billion purchase of 15,350 Bitcoin between Dec 9‑15, pushing its corporate reserve to 439,000 BTC, now worth over $45 bn at current market rates【3】. The move underscores the firm’s continued reliance on equity sales to fund its crypto‑first balance sheet, a strategy that shapes both its stock and Bitcoin exposure.
| At a glance | |
|---|---|
| New purchase | 15,350 BTC |
| Purchase cost | $1.5 bn |
| Total holdings | 439,000 BTC |
| Avg. purchase price (incl. fees) | $100,386 per BTC |
| Total spent on BTC | $27.1 bn |
The acquisition was financed by selling 3,884,712 shares of MicroStrategy’s Class A common stock, raising exactly $1.5 bn【4】. The equity sale is part of an ongoing offering that can ultimately raise up to $42 bn, split evenly between equity and debt instruments【4】. With $7.65 bn of shares still available for sale, the company has a sizable pipeline to sustain future Bitcoin purchases.
MicroStrategy’s average cost across all purchases now sits at $61,725 per BTC, well below the $100,386 price paid for the latest batch【3】. The firm’s total Bitcoin reserve represents roughly 2.1 % of Bitcoin’s capped 21 million supply【4】. Its “BTC yield” – the ratio of newly acquired Bitcoin to newly issued shares – climbed 46.4 % quarter‑to‑date and is up 72.4 % year‑to‑date, reflecting the efficiency of its equity‑funded buying model【3】.
MicroStrategy’s expanding Bitcoin stash, now over $45 bn, keeps it at the forefront of corporate crypto adoption, but the reliance on equity issuance ties its Bitcoin exposure to stock‑market dynamics and investor sentiment. The next tranche of share sales will be a key barometer for the firm’s continued Bitcoin accumulation.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 5 outlets · Jun 17, 2026 · How we report
As of the latest filings, MicroStrategy holds roughly 446,400 bitcoin, valued at about $63.8 billion.
The net loss was driven almost entirely by an $8.32 billion unrealized markdown on its bitcoin holdings.
The company plans to potentially sell up to $5 billion of bitcoin to increase cash reserves and may use proceeds for stock repurchases.
Revenue grew 6.9% year‑over‑year to $122.4 million, slightly below analyst consensus of $122.9 million.
Analysts view the stock as a leveraged bitcoin proxy with a high beta (~3.55), meaning its price tends to amplify bitcoin’s movements.