The NASDAQ-listed firm now holds 844,000 BTC, leveraging equity and debt markets to expand its digital asset treasury.
MicroStrategy, a NASDAQ-listed software and Bitcoin treasury firm, now owns 844,000 BTC valued at approximately $65 billion. The company has pivoted from its legacy software business to focus on accumulating Bitcoin, using capital raised from equity and debt markets.
The firm’s Bitcoin holdings represent the largest corporate treasury of the digital asset, with a market capitalization of $1.5 trillion. MicroStrategy’s STRC credit offering has raised $10.5 billion since its July 2023 launch, funding further BTC purchases. Shares remain 66% below their peak despite the strategy shift.
MicroStrategy is integrating AI features into its software business but treats it as secondary to its Bitcoin accumulation strategy. The company continues to issue stock during periods of premium valuation to fund additional purchases.