Overview
- MSTR fell roughly 10% on Jan. 29 to an intraday low of $140.25 before closing near $143, tracking Bitcoin’s slide.
- Bitcoin dropped about 6–7% over 24 hours to roughly $82,000–$84,000, and MicroStrategy’s shares again moved as a leveraged proxy.
- The company bought 2,932 BTC this week for $264 million at an average $90,061, funded by at-the-market sales disclosed in a filing.
- MicroStrategy sold 1,569,770 common shares and 70,201 STRC preferred shares for about $264 million and reported about $8.17 billion of remaining ATM capacity.
- Holdings now total about 712,647 BTC—roughly 3.4% of supply—with an average cost of $76,037 per coin, as the stock trades below NAV and faces scrutiny over unrealized losses, dilution risk, and liquidity if Bitcoin falls further.