Key Points:
- MicroStrategy holds 499,096 BTC worth $33.1B, with an average purchase price of $66,357 per BTC but made no new acquisitions last week.
- Shareholders of 8.00% Series A preferred stock (STRK) will receive a $1.24 per share quarterly dividend on March 31, with a record date of March 15.
- MicroStrategy’s stock surged 136.64% in a year, but with a weak financial health score (1.47/5), concerns over Bitcoin impairment losses and tax burdens remain.
According to MicroStrategy’s latest 8-K report, the company did not sell any Class A common stock or acquire additional bitcoins between February 24 and March 2, 2025. MicroStrategy’s decision to maintain its 499,096 Bitcoin, MicroStrategy holdings despite recent volatility underscores the growing trend of corporate Bitcoin adoption.
MicroStrategy Bitcoin Holds 499K, No New Purchases This Week
As of March 2, 2025, MicroStrategy and its subsidiaries collectively hold approximately 499,096 BTC, acquired at a total cost of $33.1 billion, with an average purchase price of $66,357 per BTC, now Bitcoin price at 93,506, including fees and expenses.
Despite recent market volatility, MicroStrategy Bitcoin’s stock has delivered a 136.64% return over the past year, according to Nasdaq data.
In the same SEC filing, MicroStrategy announced a quarterly cash dividend for its 8.00% Series A perpetual preferred stock (STRK), listed on The Nasdaq Global Select Market. MicroStrategy’s financial health score of 1.47/5, as reported by InvestingPro analysis, reflects concerns over its heavy BTC exposure. Under GAAP accounting rules, Bitcoin impairment losses are recorded when prices decline, even if unrealized, which can negatively affect quarterly earnings. CEO Michael Saylor posted on X:
MicroStrategy Bitcoin Bet Stands at $33.1B Amid Market Volatility
The SEC filing also contains forward-looking statements regarding STRK dividend payments, subject to market conditions and risks outlined in MicroStrategy’s Annual Report on Form 10-K, filed on February 18, 2025.
MicroStrategy remains committed to its Bitcoin-first approach, recently acquiring 20,356 BTC for $1.99 billion through a $2 billion convertible notes offering with a 35% conversion premium. The notes, due in 2030, target institutional investors, with additional funds possible if the option to purchase more notes is exercised.
Additionally, MicroStrategy has announced a full redemption of its 0.0% Convertible Senior Notes due 2027, with $857.4 million in conversion requests, leading to the issuance of over 6 million shares. However, the company has cautioned about profitability risks, citing increased tax burdens and Bitcoin impairment losses.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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