Michael Saylor\u2019s Strategy (formerly MicroStrategy) added 130 Bitcoin (BTC) to its holdings between March 10 and March 16, spending approximately $10.7 million.\u00a0<\/strong><\/p>\n The average BTC price for this purchase was $82,981. This marks the company\u2019s smallest Bitcoin purchase since August 2024.<\/p>\n As of March 16, MicroStrategy holds 499,226 BTC<\/a>, worth around $33.1 billion. The company\u2019s overall average cost per Bitcoin stands at approximately $66,000.<\/p>\n This latest acquisition<\/a> comes just weeks after MicroStrategy made its largest Bitcoin purchase of 2025<\/a>. In February, the company spent $2 billion on BTC at prices above $97,000.\u00a0<\/p>\n Now, with Bitcoin trading lower<\/a>, this smaller buy raises questions about the firm\u2019s strategy.<\/p>\n \u201cOn-chain clues: Is Bitcoin gearing up for a major reversal? Active addresses peak, signaling potential bullish momentum ahead,\u201d Saylor posted<\/a> on X (formerly Twitter) today.\u00a0<\/p>\n<\/blockquote>\n One possible reason for the limited purchase is that MicroStrategy may be waiting for more capital from its stock offerings.\u00a0<\/p>\n Last month, the company raised $2 billion through a private offering of convertible senior notes<\/a>. Most of those funds likely went toward its previous acquisition. If additional funding is needed, the company may be pacing its purchases.<\/p>\n MicroStrategy finances Bitcoin acquisitions through stock sales and zero-interest convertible notes without selling off other assets.\u00a0<\/p>\n While this approach has worked so far, the firm\u2019s ability to raise capital depends on maintaining strong financial stability. A sharp rise in liabilities<\/a> relative to assets could make future financing more difficult.<\/p>\n However, there\u2019s a more concerning reason why MicroStrategy could have made such a small Bitcoin purchase today.\u00a0<\/p>\n Bitcoin is currently trading just below $83,000, and some analysts suggest the price has not yet bottomed. Arthur Hayes and other experts predict BTC could drop to around $70,000<\/a> before the next upward move.<\/p>\n BeinCrypto analysts believe the market is experiencing a temporary correction<\/a> rather than the end of the bullish phase.\u00a0<\/p>\n If MicroStrategy shares this view, it may be waiting for a further dip before making a larger investment.<\/p>\n Disclaimer<\/p>\n In adherence to the Trust Project<\/a> guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our\u00a0Terms and Conditions<\/a>,\u00a0Privacy Policy<\/a>, and\u00a0Disclaimers<\/a>\u00a0have been updated.<\/p>\n<\/div><\/div>\nWhy are MicroStrategy\u2019s Bitcoin Purchases Becoming Smaller?<\/h2>\n
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