How It All Started

Back in 2020, Michael Saylor, the mastermind behind MicroStrategy, decided to take a plunge into the world of Bitcoin. What started as a little dip turned into a full-on cannonball as the company claimed the crown for the public entity with the most Bitcoin stashed away. Pretty wild, right?

The Price Tag of Bitcoin

Fast forward a few years, and we’re talking tens of billions splurged on Bitcoin, but, uh-oh, the cryptocurrency market had its own plans! With the price diving headfirst, MicroStrategy’s assets took a hit and ended up in the red zone.

Major Losses on the Horizon

Just recently, the company filed its Form 8-K, and spoiler alert: it wasn’t pretty! They reported a staggering loss of over $14 billion just in the first quarter of 2026. Ouch! That’s a lot of moolah just slippin’ away.

Still Buying, No Regrets

Despite the plummeting prices, did they stop? Nope! MicroStrategy kept the Bitcoin-buying spree alive with 12 separate purchases, the smallest of which still saw them throw around $40 million like pocket change!

Total Spent So Far

By the end of Q1, they had dished out over $7 billion in their mission to hoard more than 89,000 BTC. When you add it all up, they’ve racked up a jaw-dropping total of over $57 billion spent on this digital gold.

Back to the Bitcoin Well

And guess what? As if all that loss didn’t faze them, on April 6, they flicked another $329.9 million at Bitcoin, snagging 4,871 BTC at around $67,718 a pop. So that brings their grand total Bitcoin expenditure to about $58.02 billion, if you’re keeping score at home!

Will It Ever Go Up?

The Bitcoin market might be picking up from its early Q1 blues, but MicroStrategy is still left with its pockets feeling lighter. Their current cost basis is resting at $75,644 per coin, so until BTC shimmies above that number, they’re still in the water.

Stock Drama Unfolds

And now, what about their stock, you ask? Well, it’s been shadowing Bitcoin’s rollercoaster ride too, sitting around $163, which is a hefty drop of more than 50% since its glorious peak above $400 in 2025. But hold onto your hats, because Saylor has made it clear – selling Bitcoin ain’t on the agenda. Nope, they’re doubling down on accumulating for the foreseeable future!