How I Added $835M in Bitcoin During a Prolonged Price Drop

  • Strategy acquired 8,178 BTC for $835 million, bringing its total holdings to 649,870 BTC.

  • The company’s Bitcoin treasury is now worth $61.7 billion, with unrealized gains of $13.3 billion.

  • CEO Michael Saylor dismissed rumors of BTC sales, reaffirming Strategy’s “buy and hold” stance.

The world’s largest corporate holder of Bitcoin, Strategy, has continued an aggressive accumulation of the cryptocurrency, purchasing $835 million worth of BTC even as prices remain volatile and market sentiment has turned cautious.

In a filing with the U.S. Securities and Exchange Commission on Monday, the company disclosed that it bought 8,178 Bitcoin at an average price of roughly $102,100 each.

This acquisition represents a sharp increase from the company’s prior weekly pace of roughly 400–500 coins through October and early November.

The latest purchase underscores Executive Chairman Michael Saylor’s continued conviction in Bitcoin as a core corporate treasury asset, despite recent cryptocurrency setbacks.

Bitcoin treasury grows to nearly 650,000 coins

After the purchase, Strategy now holds 649,870 BTC, worth about $61.7 billion at current prices based on CoinGecko data showing BTC trading near $94,200.

The company’s cumulative acquisition cost stands at $48.4 billion, implying unrealized paper gains of around $13.3 billion.

At this scale, Strategy controls more than 3% of the total 21 million Bitcoin supply, making it the largest corporate holder of the asset globally.

“This week,” Saylor hinted on X (formerly Twitter) ahead of the filing, signaling to followers that another sizable purchase was imminent.

Despite the large buy, Strategy’s shares (MSTR) have fallen more than 16% over the past five trading days to $197.03 on Nasdaq, reflecting broader weakness in crypto-linked equities after Bitcoin’s sharp correction.

Saylor reaffirms commitment and rebuts sale rumors

Last week, Saylor rejected speculation that the company had sold part of its Bitcoin holdings.

The rumors followed a post by Walter Bloomberg on X citing Arkham Intelligence data, which Arkham later clarified showed wallet reorganizations rather than liquidations.

“There is no truth to this rumor,” Saylor responded.

“We are buying. We are buying quite a bit, actually, and we will report our next purchase on Monday morning. I think people will be surprised,” he told CNBC.

Just a week earlier, Strategy reported buying an additional 487 BTC for $49.9 million, bringing its then-total to 641,692 BTC.

Volatility returns to Bitcoin

Bitcoin’s recent rally came under pressure last week, with the cryptocurrency falling as much as 25% from its October all-time high near $126,000 to a Sunday low of $93,029 before mounting a modest rebound.

Although the U.S. government reopened after a record 43-day closure, market uncertainty around President Donald Trump’s tariff policies and broader risk-off sentiment drove widespread liquidations across digital assets.

Still, 2025 has been notable for increased corporate adoption of Bitcoin: according to Bitcoin Treasuries data, 194 public companies now hold BTC on their balance sheets.

Other major corporate holders include Marathon Digital (MARA), Twenty One, Metaplanet, and Riot Platforms, all of which have expanded their reserves amid growing regulatory clarity under the Trump administration.