Strategy Strikes: $836 Million for Bitcoin in Biggest Buy Since July!

Strategy Strikes: $836 Million for Bitcoin in Biggest Buy Since July!

In a recent market move has FXStreet reports that the company Strategy (formerly known as MicroStrategy) acquired 8,178 BTC last week. This transaction marks the largest Bitcoin purchase since July and totaled approximately $835.6 million. The purchases took place between Nov. 10 and Nov. 16 and were disclosed in an SEC filing on Monday.

With this latest acquisition, Strategy’s total Bitcoin holdings are now 649,870 BTC. The average purchase price is $74,433 per Bitcoin. Funding for the purchase was secured through proceeds from new preferred offerings, raising approximately $715 million through the STRE Series and an additional $131.4 million through the STRC Series. These financial resources enabled a substantial expansion of the company's Bitcoin holdings.

Market reactions and allegations

However, the mass acquisition of Bitcoins has not only generated positive feedback. On Friday, reports surfaced allegations that Strategy had sold a significant portion of its Bitcoin holdings, said to be worth about $4.2 billion. These concerns are based on on-chain data showing large transfers. Strategy CEO Michael Saylor denied these allegations and explained that the transfers could be internal wallet movements or changes in custodians.

Despite the tight market, Strategy was able to expand its capital base. However, the company's Bitcoin accumulation rate showed a decline from 18.3% in the first quarter to 13.1% in the second quarter and finally to 7.1% in the third quarter of 2025. This decline is in line with a broader decline in corporate purchases of Bitcoin attributed to macroeconomic factors weighing on both stock and crypto prices.

The entire Bitcoin supply at a glance

As of today, Strategies Bitcoin holdings hold more than 3% of the total Bitcoin supply of 21 million BTC. These holdings have unrealized profits of approximately $13.3 billion. Still, Strategy's (MSTR) share price fell 2.9% on Monday, while Bitcoin's value fell 2.3% in the past 24 hours, further highlighting market uncertainties.

Analysts have also noted that declining market value-to-net assets (mNAV) ratios in Bitcoin treasuries have contributed to subdued accumulation. Despite the recent purchases, Strategy faces challenges that could affect future growth in the cryptocurrency sector.