Always buy at the high point! MicroStrategy adds another 220 coins, holding a total of 640,000 Bitcoins.

The pioneer of Bitcoin reserve strategies, MicroStrategy, announced the repurchase of 220 Bitcoins, with an average cost reaching a historic high of $123,561. In this instance, MicroStrategy did not issue common stock MSTR for fundraising, and its Bitcoin premium indicator mNAV has remained at a low point of 1.44, showing no signs of improvement for months. The recently promoted preferred stock STRC adopts a floating adjustment for dividends, with the annualized dividend rate currently reaching 10.25%. Its fluctuation is also far lower than that of the common stock MSTR and Bitcoin, making it seemingly the most popular among the four preferred stocks.

Strategy to raise funds through preferred stock to buy BTC, holding a total of 640,250 Bitcoins.

Strategy this time through issuance

10% Preferred Stock STRF raised 19.8 million USD

8% convertible preferred stock STRK raised 1.7 million USD

10% preferred stock STRD raised 5.8 million USD

A total of 273 billion USD was raised, all of which was used to buy Bitcoin. Strategy acquired 220 Bitcoins in this round, with an average cost of 123,561 USD. As of October 12, 2025, Strategy holds a total of 640,250 Bitcoins, with a total cost of 47.38 billion USD and an average cost of 74,000 USD per Bitcoin.

The issuance of ordinary shares MSTR fundraising has reached a new high in purchase cost.

It is worth noting that MicroStrategy did not issue common stock MSTR for fundraising this time, and its premium indicator mNAV against Bitcoin remains at a low of 1.44, showing no signs of improvement for several months.

This time, the buying cost has also reached a historical high, confirming the saying of its founder Michael Saylor about holding long-term and always buying at high points.

The annualized yield rate of STRC has reached 10.25%.

MicroStrategy has issued four series of preferred stocks, offering an annualized dividend of over 8%, allowing investors who dislike the high fluctuations of Bitcoin to purchase Bitcoin concept stocks and create a stable cash flow.

Especially with the recent promotion of STRC's floating adjustment distribution, the annualized distribution rate has reached 10.25%, and its fluctuation is also significantly lower than that of ordinary stock MSTR and Bitcoin, making it seemingly the most popular among the four preferred stocks.

This article always buys at a high point! MicroStrategy adds 220 coins, holding a total of 640,000 Bitcoins, first appeared in Chain News ABMedia.