MicroStrategy, a leading Bitcoin reserve company, issued an announcement on October 13, announcing that it spent $27.2 million to purchase another 220 bitcoins between October 6 and October 12, with an average purchase price of $123,561.
After this increase, MicroStrategy's Bitcoin holdings have officially reached 640,250, with a total expenditure of US$47.38 billion and a cost price of US$74,000 per Bitcoin.
MicroStrategy ATM plan has sufficient ammunition
According to an announcement released by MicroStrategy, approximately $46.25 billion can be raised under its ATM program, specifically:
- STRF ATMs: $1.699 billion
- STRC ATMs: $4.2 billion
- STRK ATM: $20.367 billion
- STRD ATM: $4.145 billion
- MSTR ATMs: $15.908 billion
MSTR stock price performance
MicroStrategy's stock MSTR has fluctuated sharply in the past month. In early October, MSTR once reached $360. However, perhaps due to the large-scale liquidation in the 1011 crypto market and the decline in Bitcoin prices, MSTR's current stock price has fallen to around $300, and its market value has also slipped to $87.5 billion.
If we extend the timeline to the beginning of this year, MSTR's stock price has only risen by 5% since the beginning of this year, far from keeping up with the increase in Bitcoin (23%).
