Strategy Steps Up Bitcoin Buys: Acquires 8,178 BTC for $835.6 Million Amid Price Decline

Strategy, the Bitcoin treasury company led by Michael Saylor, has accelerated its crypto accumulation strategy, purchasing 8,178 BTC for $835.6 million at an average price of $102,171 per coin between November 10 and 16, 2025. This latest acquisition brings the firm’s total holdings to 649,870 BTC, acquired at a cumulative cost of $48.37 billion.

The Purchase: $835.6 Million in BTC During a Market Dip

The buy was executed during a volatile period, with Bitcoin trading between $102,000 and $93,000. Funded in part by $131.2 million from at-the-market sales of STRC preferred stock, the transaction underscores Strategy’s commitment to dollar-cost averaging into Bitcoin regardless of short-term price swings. Saylor, a vocal Bitcoin advocate, highlighted the move on X: “Strategy continues to execute on its Bitcoin acquisition strategy, adding 8,178 BTC at an average price of $102,171.”

This marks a significant uptick from recent weeks’ purchases of 400-500 BTC, reflecting heightened conviction amid market uncertainty. At current prices around $103,500, the new holdings contribute to Strategy’s unrealized gains, with the overall portfolio valued at approximately $67.3 billion.

• Amount Acquired: 8,178 BTC.
• Average Price: $102,171 per coin.
• Total Cost: $835.6 million.
• Funding: $131.2 million from STRC preferred stock sales.

Total Holdings: 649,870 BTC at $48.37 Billion Cost Basis

Strategy’s relentless accumulation has built the largest corporate Bitcoin treasury, now at 649,870 BTC with a total acquisition cost of $48.37 billion. This represents a 27.8% Bitcoin yield year-to-date, far outpacing traditional assets. The company’s approach treats Bitcoin as a superior store of value, with Saylor often citing its scarcity and network effects as key drivers.

The purchase aligns with Strategy’s “42/42 plan” for $84 billion in capital raises, split between equity and debt, to scale holdings without diluting common stock. As Bitcoin stabilizes post-dip, the move signals confidence in long-term appreciation.

Market Reaction: Praise, Criticism, and Volatility

The announcement drew mixed responses. Enthusiasts like Max Keiser praised it as “institutional conviction,” while skeptics questioned timing amid the November 17 plunge below $93,000, which liquidated $1.1 billion in longs. Bitcoin’s 23% drop from $126,000 highs reflects tariff fears and Fed hawkishness, but Strategy’s buy at $102,171 average—below the $105,000 floor—highlights value hunting.

With $50 billion+ daily volume and 67% institutional sentiment, the purchase could catalyze rebounds if $100K support holds.

2025 Strategy Holdings Prediction: 1 Million BTC Milestone

Strategy Bitcoin holdings prediction for 2025: 1 million BTC, with 54% growth on raises. Bull catalysts: Preferred stock funding; bear risks: Volatility testing 600K support.

In summary, Strategy’s $835.6 million 8,178 BTC buy at $102,171 average pushes holdings to 649,870 BTC ($48.37B cost), reinforcing Saylor’s treasury vision amid volatility.