#MicroStrategy Adds 6,220
$BTC Worth $739.8 Million to Treasury Holdings
MicroStrategy has expanded its
$BTC stash to 607,770 coins valued at approximately $71.8 billion.
The company ranks ninth among S&P 500 cash treasuries, competing with traditional corporate giants.
Its latest purchase was funded through $736.4 million in MSTR stock sales and preferred share offerings.
The average acquisition price of $118,940 per
$BTC brings the total cost basis to $71,756 per coin.
Paper gains reach $28.1 billion as Michael Saylor's
$BTC strategy continues aggressive accumulation.
TD Cowen has raised its price target to $680 per share, expecting
$BTC to hit $155,000 by December.
The company's holdings represent nearly 3% of
$BTC total 21 million supply limit.
#MicroStrategy maintains a $21 billion at‑the‑market program with $17.04 billion capacity remaining for future purchases.
