MicroStrategy Sells Shares, Buys Bitcoin
Analysis based on 8 articles · First reported Feb 09, 2026 · Last updated Mar 09, 2026
MicroStrategy's continued strategy of selling shares to acquire Bitcoin reinforces the link between its stock performance and Bitcoin's price, potentially influencing investor sentiment towards both. The expanded flexibility in share sales could also impact market liquidity for MicroStrategy's stock.
MicroStrategy reported selling 10.1 million shares, including Variable Rate Series A Perpetual Stretch Preferred Stock and Class A common stock, generating $1.28 billion in net proceeds between March 2-8, 2026. The company utilized these proceeds to acquire 17,994 Bitcoin at an average price of $70,946 per Bitcoin, totaling $1.28 billion. As of March 8, 2026, MicroStrategy held 738,731 Bitcoin with an aggregate purchase price of $56.04 billion. Additionally, MicroStrategy amended its Omnibus Sales Agreement to allow for a second agent for securities sales outside regular market hours, enhancing its transaction flexibility.
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