MicroStrategy Eyes 1,000,000 BTC Target, Holds 843,738 After Saylor's Purchase Signal

BTC-3.32%
According to company data and recent posts by Chairman Michael Saylor on X, MicroStrategy holds 843,738 BTC at an average purchase price of $75,701 per coin and is targeting 1,000,000 BTC. The company needs to acquire approximately 156,262 additional BTC to reach that milestone, which would represent about 4.76% of Bitcoin's fixed 21 million supply. Saylor's latest "Working Better" post on X included a chart tracking MicroStrategy's Bitcoin acquisitions since 2020, similar to posts the company has made before confirming new purchases. Bitcoin traded near $73,566 at the time of the report, below MicroStrategy's average cost basis, potentially creating a favorable acquisition window for the company.
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