MicroStrategy, under executive chairman Michael Saylor, has purchased an additional 245 Bitcoin (BTC) for $26 million during recent market weakness. The acquisition occurred at an average price of $105,856 per coin, continuing the company’s aggressive accumulation strategy.
The business intelligence firm now holds 592,345 BTC with a total acquisition cost of approximately $41.9 billion. Despite ongoing market volatility, MicroStrategy maintains a year-to-date yield of 19.2% and has revised its performance target to 25% by year-end.
Saylor significantly raised his long-term Bitcoin price projection to $21 million, anticipating this valuation within 21 years. He attributes this forecast to Bitcoin’s fixed supply mechanics and accelerating global adoption as a digital asset class.
MicroStrategy’s consistent Bitcoin acquisitions reflect institutional confidence in the cryptocurrency’s future trajectory. The company’s treasury strategy serves as a key barometer for institutional investment patterns in the digital asset space.