MicroStrategy Marks Five Years of Bitcoin Buying With $18M Purchase

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MicroStrategy has once again decided to throw more of its cash into the Bitcoin pit, adding $18 million to its ever-growing digital treasure chest. Now, with its holdings rocketing past a whopping $76 billion, it’s clear: Bitcoin is no longer just a fad. It’s practically their new best friend.

Yes, you read that right. MicroStrategy has bought another 155 Bitcoin for about $18 million. This little splurge marks the five-year anniversary of their Bitcoin investment strategy, which has now crowned them as the biggest publicly traded corporate holder of Bitcoin. Move over, Elon!

The company spilled the beans about their latest purchase in a totally riveting U.S. Securities and Exchange Commission filing on August 11. Between August 4 and 10, MicroStrategy snapped up the digital gold at an average price of $116,401 per coin. For those keeping track, Bitcoin started that week at a cool $114,000 and flirted with its all-time high of $122,000 by Sunday, according to CoinGecko. Talk about timing!

MicroStrategy’s Five-Year Journey With Bitcoin

It all began on August 11, 2020. Picture it: MicroStrategy, fresh off their decision to go all-in on Bitcoin, bought 21,454 BTC for $250 million. At an average price of about $11,400 per coin, they probably felt like they were stealing Bitcoin. Since then, Bitcoin’s price has soared by about 960%. No biggie, just a modest little return.

The company hasn’t exactly been shy about buying more, either. Co-founder Michael Saylor has been practically shouting from the rooftops that he has zero intentions of stopping. Why would he? After all, the more Bitcoin they buy, the more money they make. Simple math. 

If you don’t stop buying Bitcoin, you won’t stop making Money.

– Michael Saylor (@saylor)

Thanks to this relentless buying spree, MicroStrategy now holds a jaw-dropping 628,946 BTC. They’ve forked out a cool $46.09 billion for these coins, at an average price of $73,288 each. And with Bitcoin hovering around $122,000, their stash is now worth more than $76 billion. But wait-there’s more! They’ve got an unrealized profit of over $30.6 billion. Someone call the SEC, we’ve got a millionaire on our hands!

Smaller Purchase, Bigger Headlines

Now, don’t let that $18 million purchase fool you. While it may sound like a lot of money to us mere mortals, it’s a drop in the ocean compared to their history of splurges. Case in point: just last month, MicroStrategy dropped $2.46 billion on 21,021 BTC. That’s a bit more substantial, don’t you think?

Nic Puckrin, founder of Coin Bureau, had a little fun with the announcement, pointing out the relatively small size of this particular purchase. Looks like he thinks they might need to raise some more fiat to keep up with their crypto obsession.

Only 155 BTC? Looks like you need to raise more fiat.

– Nic (@nicrypto)

The smallest purchase to date? March of this year, when MicroStrategy bought a humble 130 BTC for $10.7 million. And yet, this latest purchase, despite its modest size, has all the buzz thanks to its perfect timing with the five-year milestone. Talk about a marketing move!

MicroStrategy Stock Price Reaction

Unsurprisingly, news of this latest Bitcoin binge sent MSTR shares up nearly 3% in pre-market trading, reaching $405.80. This year, their stock has skyrocketed more than 36%, beating Bitcoin’s 30% gain in the same period. The market seems to like the idea of being friends with Bitcoin, who knew?

But wait, there’s more good news! The unrealized profits on their Bitcoin holdings have swelled to over $30 billion, and that certainly didn’t hurt their stock price. Saylor, ever the optimist, has promised that they’ll keep raising funds to buy more Bitcoin, no matter where the price goes. He’s even predicting that Bitcoin could hit a mind-boggling $21 million per coin in the next 21 years. Hold onto your hats, folks!

Bitcoin Price Trends and Market Sentiment

As of now, Bitcoin is trading at around $119,473. Not quite its weekend highs of $122,000, but still a solid figure. Trading volumes have risen by more than 37% in the last 24 hours, which shows that the market is getting more and more excited about crypto’s future. Maybe it’s time for another MicroStrategy purchase? Just kidding… sort of.

Analysts are watching closely for a possible push toward $135,000, based on some bullish technical patterns. But there are a few skeptics, like Benjamin Cowen, who think this rally could be the last before a peak that’s expected in October. Guess we’ll just have to wait and see-crypto, after all, is anything but predictable.

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2025-08-12 18:42