Strategy Acquires Over 8,000 Bitcoin Worth $836 Million
Bitcoin company Strategy (MSTR) bought 8,178 BTC in the past week. This is its largest purchase since July. The firm spent about $835.6 million on this acquisition.
Strategy’s Bitcoin Holdings and Funding
The purchase happened between November 10 and 16. Strategy now holds 649,870 BTC with an average price of $74,433 per coin. Most of the funds came from new preferred offerings. Earlier in November, Strategy raised about $715 million through its ‘Stream’ series for European investors. It also secured $131.4 million via the ‘Stretch’ preferred series.
Clarification on Bitcoin Sales Rumors
Recently, rumors claimed Strategy sold $4.2 billion in Bitcoin. These were based on on-chain data showing large BTC transfers from Strategy’s wallets. CEO Michael Saylor denied the rumors. Analytics firm Arkham Intelligence said the transfers likely involved internal wallet moves or custodian changes, not actual sales.
Strategy’s Bitcoin buying slowed in 2025. The accumulation rate dropped from 18.3% in Q1 to 7.1% in Q3. This mirrors a wider decline in corporate Bitcoin purchases due to lower stock and crypto prices. Analysts point to weaker market cap-to-net asset value ratios as a reason for the slowdown.
Despite the recent BTC buy, Strategy’s stock fell 2.9% on Monday. Bitcoin’s price also dropped 2.3% over the last 24 hours at the time of writing.
