Strategy Buys 8,178 Bitcoin for $835.6 Million
Strategy, led by Michael Saylor, bought 8,178 BTC between November 10 and 16, 2025. The purchase cost about $835.6 million, with an average price of $102,171 per bitcoin. This increased their total holdings to 649,870 BTC. The company’s overall cost basis is $48.37 billion, averaging $74,433 per bitcoin.
The funding came from sales of preferred stock, including a significant $715 million euro-denominated offering called STRE. Other preferred stock classes involved were STRF, STRC, STRK, and STRE. STRC contributed $131.4 million from earlier capital raised.
Michael Saylor confirmed the purchase on X, highlighting a 27.8% BTC yield year-to-date in 2025. He emphasized that the firm is sticking to its long-term bitcoin accumulation strategy.
Clarifying False Reports of Bitcoin Sales
Rumors surfaced online claiming Strategy sold bitcoin worth $1 billion to $3 billion. Some users also alleged removal of over 40,000 BTC from company wallets. These claims caused confusion across social media and crypto forums.
Analysts explained the wallet activity was routine storage management, not actual sales. Moving coins between custodians or updating storage can appear as large transfers publicly without bitcoin leaving company control.
Michael Saylor rebutted the rumors on X, confirming, “There is no truth to this rumor. We are buying.”
Strategy’s Long-Term Bitcoin Acquisition Plan
Strategy’s “42/42” plan aims to raise $84 billion for bitcoin purchases by 2027. It plans to use debt, equity, and preferred stock instruments to achieve this goal.
Bernstein analysts noted that the company holds about $8 billion in debt against its vast bitcoin reserve. Current disclosures show no signs of forced selling. This supports Strategy’s continued confidence in its treasury approach.
For the official company update, see the Strategy press release.
