MicroStrategy disclosed the purchase of 535 additional bitcoins on May 11, 2026. The acquisition cost approximately $43.0 million in cash. The company executed these purchases between May 4 and May 10. The average purchase price per bitcoin reached approximately $80,340.
The company funded the purchase through its at-the-market equity program. This program generated $43.0 million in net proceeds. MicroStrategy sold 231,324 shares of its Class A common stock to raise these funds.
This acquisition increases MicroStrategy's total holdings to 818,869 BTC. The aggregate purchase price for these holdings totals $61.86 billion. The average cost per bitcoin across the entire portfolio stands at $75,540.
Company executives signaled a potential shift from their long-standing policy of never selling during the Q1 earnings report. Management suggested the company might sell bitcoin to fund future dividend obligations.