Strategy (formerly MicroStrategy) appears to have raised enough from its STRC perpetual preferred stock to buy more than 1,800 BTC, and MSTR shares closed Thursday up 2.40% at $119.83. The move signals a likely restart of the firm's aggressive Bitcoin accumulation.
Michael Saylor said large corporate Bitcoin purchases don’t necessarily produce immediate price spikes, while his firm continues to add to its BTC position as part of a long-term accumulation strategy.
Strategy acquired 13,267 BTC for roughly $1.25 billion, marking its largest purchase since July; the deal was funded by issuing common stock and a perpetual preferred equity, STRC.
Strategy (formerly MicroStrategy) purchased 1,229 BTC this week despite a crypto market downturn, while Bitcoin and MSTR shares are set to finish 2025 in the red. The move highlights continued institutional accumulation even as prices slide.
Michael Saylor hinted at another large Bitcoin purchase for MicroStrategy (now Strategy) as the company's stock lags year-to-date, signaling continued corporate conviction despite equity underperformance.
In an interview on Schwab Network, Fong Lee, CEO of business intelligence firm Strategy, said the company may consider selling some of its Bitcoin holdings. The comment raises questions about treasury management and potential market impact for BTC.
Michael Saylor’s firm Strategy bought 10,624 BTC in its latest weekly purchase despite analyst warnings that a prolonged bear market could force sales. The buy came alongside a Bitcoin rebound and a pre-market uptick in MSTR shares.
Strategy lowered its 2025 earnings forecast on Monday, citing a recent slump in Bitcoin that hit revenue tied to its crypto exposure. The move underscores growing corporate sensitivity to crypto volatility.

According to an SEC filing on 2025-11-10, Michael Saylor’s Bitcoin vehicle, Strategy, purchased 487 BTC for $49.9M (≈$102.46k/BTC). The move underscores continued institutional accumulation and keeps attention on supply dynamics and long-term demand.

Business intelligence firm Strategy acquired an additional $50 million in Bitcoin (BTC) on Monday, its largest buy since late September. The move highlights sustained institutional demand and could tighten available spot supply, reinforcing bullish narratives for Bitcoin.