by Enoch Mwathwa
MicroStrategy, led by Bitcoin advocate Michael Saylor, has added 390 BTC to its growing treasury as Bitcoin continues to climb past the $115,000 mark. The company’s latest purchase strengthens its position as the world’s largest corporate holder of Bitcoin and underscores its unwavering conviction in the cryptocurrency’s long-term potential.
MicroStrategy Extends Bitcoin Accumulation Strategy
MicroStrategy confirmed in a recent press release that it had acquired 390 BTC worth approximately $43.4 million between October 20 and October 26. The firm paid an average price of $111,117 per Bitcoin. With this latest acquisition, MicroStrategy’s total holdings now stand at 640,808 BTC, valued at roughly $74 billion at current market prices. The company has acquired its Bitcoin at an average price of $74,032 per coin, translating into more than $26 billion in unrealized gains.
Michael Saylor hinted at the purchase on X, posting, “It’s Orange Dot Day,” a signature phrase used whenever MicroStrategy adds more Bitcoin to its balance sheet. The move marks the firm’s third consecutive weekly purchase, following an earlier addition of 168 BTC worth $19 million. Despite fluctuations in market conditions, MicroStrategy’s buying pattern shows consistency and confidence in Bitcoin’s future trajectory.
It's Orange Dot Day. pic.twitter.com/5FSGmxwoNS
— Michael Saylor (@saylor) October 26, 2025
The purchase was financed through preferred stock sales under MicroStrategy’s STRK, STRF, and STRD programs. The company raised approximately $44.7 million in liquidity from these offerings, thereby avoiding dilution of its primary MSTR shares. According to filings, 191,404 STRK shares generated $17 million, 175,634 STRF shares brought in $19.4 million, and 87,462 STRD shares contributed $7 million. This diversified capital strategy allows the company to sustain its aggressive Bitcoin accumulation without compromising shareholder equity.
Bitcoin Treasury Strategy Gains Global Momentum
MicroStrategy’s bold approach has inspired a growing wave of corporate adoption. Over 190 public companies now hold Bitcoin on their balance sheets, with Marathon Digital (MARA) and Tether-backed Twenty One following closely behind. These firms have collectively strengthened the case for Bitcoin as a long-term store of value and inflation hedge. Despite recent volatility, institutional demand remains strong, and Bitcoin’s year-to-date gains exceed 25%.
MicroStrategy’s total Bitcoin holdings represent more than 3% of the total supply of 21 million coins. The company’s “42/42 Plan,” announced earlier this year, aims to raise $84 billion through equity and convertible notes by 2027 to fund continued Bitcoin purchases. This plan underscores Saylor’s view that Bitcoin remains the world’s most powerful treasury reserve asset.
Meanwhile, Bitcoin price continues its steady rise, trading around $115,379 at the time of writing. MicroStrategy’s stock (MSTR) has gained 1.5% to close at $289.08 and is up 4% in pre-market trading following the acquisition news. Despite being down 3.7% year-to-date, analysts remain optimistic, noting the company’s ability to leverage its capital structure for long-term growth.
Michael Saylor remains confident that Bitcoin’s scarcity and increasing institutional interest will drive its value higher. He continues to assert that Bitcoin represents “economic immortality in digital form.” With each new purchase, MicroStrategy reinforces its identity not just as a software firm, but as the world’s most prominent Bitcoin treasury institution.
#blockchain #crypto, #decentralized, #distributed, #ledger
