Executive Chairman Michael Saylor signaled an imminent Bitcoin purchase via social media.
The post featured the phrase Think ₿igger, which historically precedes large acquisitions. MicroStrategy currently holds a treasury of 766,970 BTC. The company maintains an average cost basis of $75,644 per coin. The company currently holds its entire Bitcoin position at an unrealized loss.
Saylor introduced a metric requiring 2.05% annual Bitcoin appreciation to fund dividend obligations. This growth rate covers preferred stock dividends indefinitely without issuing new common shares. MicroStrategy utilizes high-yield preferred stock to finance its aggressive Bitcoin accumulation.