According to recent filings, MicroStrategy (renamed Strategy) added 1,045 Bitcoin to its holdings this week. This move pushed the company's average purchase price up to $70,086, after buying at over $100,000 in recent weeks. So far, the company led by Michael Saylor has spent over $40 billion on Bitcoin and is preparing additional financing to continue buying.

Continues to Buy Bitcoin Weekly

The drip strategy of Strategy has become a habit. The company bought nearly 2,000 BTC in the past two weeks, but divided into smaller portions.

This steady rhythm helps avoid major shocks in the market. It also keeps the company in the news on a weekly basis. Traders are closely watching. When the company buys, prices tend to rise.

Instead of issuing new MSTR shares, Strategy has leveraged its STRK and STRF shares. The latest filings show $62.7 million in STRK and $43.3 million in STRF have been used to buy Bitcoin.

No new common stock has been registered in this round. That keeps Strategy at about 0.02 BTC for each MSTR share—10 times Bitcoin per share compared to any other name in the industry.

Impact on Market Supply

The company's treasury currently holds about 3.4 million BTC. That treasury includes what miners and the government are no longer selling. This reduces the amount of coins available in the open market.

Over-the-counter desks have seen their inventory drop from 236,000 BTC a month ago to just 123,500 BTC today. Even Coinbase Prime, one of the main trading channels for large players, only shows 63,535 BTC available.

The moves of Strategy still leave a lasting mark. Only 26 other public companies hold more than 1,000 BTC, and only seven companies hold more than 10,000 BTC. On-chain data indicates nearly 2,000 whale wallets surpassing those numbers.

Just last week, five other companies bought BTC, using their purchases to attract attention on social media. In total, 124 public companies have now listed Bitcoin on their balance sheets or signaled plans to buy.

What Does This Mean for Investors

Based on reports, small-scale buying could drive new demand without the risk of large, sudden orders. But an average price above $70,000 comes with its own risks. If Bitcoin drops, paper losses will grow rapidly.

High interest rates add additional pressure. However, Strategy's approach fosters a sense of scarcity. Each weekly purchase reminds the market that large holders are not in a hurry to sell.