MicroStrategy marks its 100th Bitcoin buy, adding roughly 593 BTC MicroStrategy has completed its 100th Bitcoin acquisition, the firm announced via Michael Saylor, co-founder and chairman. The latest purchase—reported in an SEC filing as 592 BTC—cost about $39.8 million, giving a per-bitcoin cost basis near $67,286. While modest by MicroStrategy’s usual scale, the buy is a milestone in the company’s long-running accumulation strategy. A dedicated accumulator since 2020, MicroStrategy has only ever sold once (December 2022, during last cycle’s lows) and has continued to add BTC increasingly regularly. After this latest tranche, the company holds 717,722 BTC—roughly 3.6% of the circulating supply—bought for a total of about $54.56 billion. At current prices the stack is valued at about $46.48 billion, leaving MicroStrategy with an unrealized loss in the neighborhood of 15%. The SEC filing shows the purchase was executed between February 17 and 22 and was funded through proceeds from the company’s MSTR at-the-market (ATM) stock offering program. Observers have repeatedly noted MicroStrategy’s tendency to buy near local peaks; Bitcoin is trading roughly 3–4% below the new purchase price and has slipped more than 4% over the past week to around $65,100 at the time of writing. MicroStrategy remains the world’s largest corporate Bitcoin treasury and the largest public digital-asset treasury overall, according to BitcoinTreasuries.net. The runner-up position is held by Bitmine, which last year pivoted toward an Ethereum treasury strategy. Bitmine’s recent activity: 51,162 ETH added, 3.04M ETH staked Bitmine announced it added 51,162 ETH this week, bringing its total ETH reserve to 4,422,659 ETH (about 3.66% of circulating ETH). Of that balance, 3,040,483 ETH has been locked into staking. Bitmine chairman Thomas “Tom” Lee framed the buys as part of a methodical treasury strategy amid a “mini crypto winter,” focused on accumulating ETH and optimizing yield. Market snapshot: Bitcoin ~ $65,100, down more than 4% over seven days. Read more AI-generated news on: undefined/news