MicroStrategy Just Exponentially Increased Its Bitcoin Purchases. What Does That Mean for MSTR Stock?

Core Insights - Strategy (formerly MicroStrategy) has significantly increased its Bitcoin holdings, acquiring 13,627 tokens for $1.25 billion at an average price of $91,519 per token, bringing its total Bitcoin holdings to 687,410 coins valued at $51.8 billion [1][4] - The company's recent purchases are seen as opportunistic, especially as Bitcoin has underperformed compared to other assets like gold and silver over the past year [2] - CEO Michael Saylor remains optimistic about Bitcoin's future, predicting it could reach $1 million per token by 2029, indicating a potential tenfold increase [3] Financial Performance - Strategy has a market capitalization of $46.6 billion, despite its shares declining by 46% over the past year, suggesting the company may be undervalued given its digital assets are worth $73.2 billion [4] - As of the end of September 2025, the company reported a cash balance of $54.3 million [4] - The company's Bitcoin yield has increased to 26% as of October 26, 2025, up from 17.8% the previous year, and the number of Bitcoins held rose from 252,220 to 640,808 over the same period [5] Business Segment Growth - The software business segment has also shown growth, with total revenues increasing by 11% year-over-year to $128.7 million in Q3 2025 [6] - The product licenses and subscription services segment experienced a significant increase of 63%, reaching $63.3 million [6]