TLDR
- MicroStrategy bought 10,645 bitcoin between December 8-14, 2025, for $980.3 million at an average price of $92,098 per coin
- The purchase was funded primarily through $888.2 million in common stock sales to existing shareholders
- This marks the second consecutive week of approximately $1 billion in bitcoin purchases by the company
- Total bitcoin holdings now stand at 671,268 BTC with an aggregate cost of $50.33 billion, averaging $74,972 per coin
- MSTR shares traded flat in premarket trading following the announcement while bitcoin pulled back to $89,600
MicroStrategy disclosed in a regulatory filing Monday morning that it purchased 10,645 additional bitcoins during the week of December 8-14. The company spent approximately $980.3 million on the acquisition.
The purchase price works out to an average of $92,098 per bitcoin. This represents a premium over the company’s average holding cost across its entire bitcoin portfolio.
MicroStrategy funded the bulk of the purchase through stock sales. The company sold $888.2 million worth of common stock to raise capital for the bitcoin buy.
MicroStrategy Incorporated, MSTR
The remaining funds came from sales of the company’s STRD preferred series stock. These at-the-market equity programs have become the company’s primary funding mechanism for bitcoin acquisitions.
This marks the second straight week that MicroStrategy has made a roughly $1 billion bitcoin purchase. The back-to-back buying spree represents a shift in the company’s acquisition pattern.
In recent months, MicroStrategy had been making smaller weekly purchases due to funding constraints. The company appears to have set aside concerns about diluting existing shareholders.
Growing Bitcoin Treasury
With the latest purchase, MicroStrategy now holds 671,268 bitcoin in total. The company has spent $50.33 billion acquiring its entire bitcoin position.
The average cost per bitcoin across all holdings comes to $74,972. This means the recent purchases were made at prices higher than the portfolio average.
MicroStrategy remains the largest publicly traded holder of bitcoin. Executive Chairman Michael Saylor has championed the company’s strategy of converting cash and equity into bitcoin holdings.
MSTR shares have functioned as a leveraged proxy for bitcoin performance. The stock’s trading dynamics often show amplified volatility compared to bitcoin itself.
Market Response and Recent Developments
MSTR shares traded flat in premarket trading following the disclosure. Bitcoin pulled back over the weekend to around $89,600 at the time of the announcement.
The company received news last week that it will remain a constituent of the Nasdaq 100 index. This maintains MSTR’s presence in a major benchmark followed by institutional investors.
MicroStrategy also sent a letter to MSCI pushing back against the firm’s proposed digital asset exclusion policy. The company argued against policies that would limit its index inclusion based on bitcoin holdings.
The aggressive buying continues despite ongoing struggles with the MSTR share price. The stock has faced pressure as bitcoin prices have consolidated in recent weeks.
MicroStrategy’s strategy of issuing new shares to buy more bitcoin creates a cycle of dilution and accumulation. The company shows no signs of slowing its acquisition pace as long as funding remains available through equity sales.


