Overview
- MicroStrategy holds 738,731 BTC as of last week, according to recent disclosures cited by CoinDesk.
- Reaching 1 million coins by Dec. 31 would require acquiring an additional 261,269 BTC, estimated at $22.2 billion at an $85,000 average price.
- That pace equates to deploying about $523 million per week, highlighting the scale of capital access needed to maintain buying.
- The company bought 17,994 BTC last week, and STRC preferred issuance from Monday to Thursday pointed to funding for roughly 11,000 BTC, with further capacity from at-the-market common stock sales.
- CoinDesk notes the goal may be achievable given recent momentum, while bitcoin trades near $71,000 during a volatile market backdrop.