Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR).Bitcoin Development Company MicroStrategy (MSTR) is now the

MicroStrategy continued its bitcoin buying spree, with this latest stash acquired at an average purchase price of $95,976 per bitcoin. Company chairman Michael Saylor teased the announcement on X over the weekend.

MicroStrategy stock was rising after the company announced that it had purchased some 15,400 Bitcoin for about $1.5 billion dollars. In a filing released Monday morning, MicroStrategy said it had purchased the Bitcoin for an average price of $95,

The software company has spent nearly $7 billion buying bitcoin in the past two weeks as prices have pulled back.

MicroStrategy Inc. bought another $1.5 billion in Bitcoin, the fourth consecutive weekly purchase announced by the crypto hedge fund proxy.

How can Microstrategy borrow billions at 0% to continue buying bitcoin and what does this reveal about market players’ expectations.

The architect of the company’s audacious Bitcoin-hoarding strategy explains why he calls the crypto “a flow of money from the 20th century to the 21st century.”

The plan is simple: buy bitcoin, secure it safely, and hold it for the long term. If you sell, you will be selling directly into the hands of MicroStrategy and every other company running this playbook.

Since 2020, Saylor has leveraged his publicly traded company to amass over $14 billion in paper profits by buying more than $30 billion worth of Bitcoin, positioning MicroStrategy as the largest corporate holder of the cryptocurrency. It’s a strategy that has drawn admiration from Bitcoin maximalists and skepticism from traditional investors alike.

Bernstein analysts predict MicroStrategy will own 4% of the total bitcoin supply by the end of 2033, an amount they expect to be worth about $830 billion.