MicroStrategy currently holds 471,107 BTC, but the company is delaying Bitcoin buying in response to market volatility and is prioritizing a long-term strategy.
After purchasing approximately $20 billion in Bitcoin over the past few months, MicroStrategy has temporarily suspended its purchases. According to an 8-K filing with the U.S. Securities and Exchange Commission (SEC) on Monday, the business intelligence firm Michael Saylor heads did not sell any shares of its class A common stock or acquire additional Bitcoin last week.
MicroStrategy’s Bitcoin holdings remain at 471,107 BTC
At present, MicroStrategy has disclosed in a recent filing that it continues to possess 471,107 BTC, which it acquired at an average price of $7,314. This cost-based valuation places the assets at a value of over $44 billion at the current Bitcoin price. The average cost of a Bitcoin is $64,511, and the company acquired all of its holdings for approximately $30.4 billion. The total supply of Bitcoin is 21 million coins, with this ownership quantity totaling more than 2.2% of the available allocation.
Through X, the company’s co-founder and executive chairman, Michael Saylor, reiterated this stance.
“Last week, MicroStrategy did not sell any of its class A common stock under the at-the-market equity offering program and did not buy any Bitcoin,” Saylor wrote on X.
Despite the temporary cessation of additional acquisitions, MicroStrategy remains dedicated to its vision of adopting Bitcoin. The company has utilized equity offerings and debt issuances to raise capital for acquisitions. Approximately $4.35 billion in shares are available for future sales under the “21/21 plan.”
MicroStrategy’s preferred stock is in high demand
Additionally, MicroStrategy offered preferred stock on Friday to raise $563.4 million. The objective of the capital raise was to allocate additional funds for future Bitcoin acquisitions. On Friday, Micromax’s shares, traded under the symbol MSTR, closed at $334.79, a 1.6% decrease. However, they have increased by over 567% in the past year.
Currently, MicroStrategy’s market capitalization is approximately $84.1 billion, and it maintains Bitcoin at a premium to its net asset value (NAV). Certain critics have criticized the valuation method for the company’s utilization of equity and debt to increase its Bitcoin holdings.
Nevertheless, Mizuho Securities, an investment firm, continues to endorse MicroStrategy’s strategies and maintains an “outperform” rating on MSTR, with a price target of $511. Despite the recent price fluctuations, The firm has projected that Bitcoin’s prices will increase by 30% over the next three years.
Bitcoin’s value experiences a precipitous decline amid elevated liquidity
In recent days, the price of the broader crypto market has experienced a decline. Bitcoin was trading at $95,022.89 at the time of publication, representing a 4.32% decline in the past 24 hours and a 5.79% decline over the past week. One of the most significant single-day sell-offs in Bitcoin history, the decline occurs amid $2 billion in liquidations.
Michael Saylor has maintained his optimism regarding Bitcoin, asserting it is an investment asset. He published “Never Sell your Bitcoin” on X on February 2. He has consistently referred to Bitcoin as a property rather than a speculative asset.

In the interim, certain market analysts like Peter Schiff question Bitcoin’s status as a safe-haven asset. In the face of market uncertainty, Schiff contended that investors increasingly favor gold, U.S. Treasuries, and the Japanese yen over Bitcoin. Schiff emphasized that Bitcoin is a speculative asset rather than a store of value, stating that it is “digital risk” rather than “digital gold.”
Changpeng Zhao, the former CEO of Binance, also expressed his opinion on the significance of Bitcoin in the market. He expressed his viewpoint on X, asserting, “You require Bitcoin more than Bitcoin requires you,” implying that Bitcoin can withstand market fluctuations.