On Monday, 17th November, Strategy executed a large Bitcoin acquisition, purchasing 8,178 BTC for roughly $835.6 million at an average price of about $102,171 per bitcoin, the firm said.
The move continues the company’s steady accumulation strategy and comes amid rising market prices.
Strategy’s Bitcoin holdings
With the latest buy, Strategy’s bitcoin stash now totals approximately 649,870 BTC, acquired for an aggregate cost near $48.37 billion and an average purchase price of $74,433 per BTC.
The firm reported a year-to-date BTC yield of 27.8% for 2025, reflecting gains from its long-running accumulation program as market conditions improved.
The purchase underscores Strategy’s continued conviction in bitcoin as a strategic asset, growing its balance sheet exposure even as prices trend higher.
At an average execution price above $102,000 for the latest tranche, the transaction also highlights the firm’s willingness to add to positions at levels that have produced meaningful paper gains year to date.
The backlash for Strategy
Strategy and Michael Saylor have been receiving quite some backlash for the last 2-3 months. On Friday, Michael Saylor took swift action to dispel new rumours that his Bitcoin acquisition company, Strategy, had discreetly sold tens of thousands of coins amid this week’s price decline.
Despite a tumultuous period that saw Bitcoin go below $95,000 for the first time in six months, the executive chair called the allegations “false” and maintained that the corporation is still collecting Bitcoin.
Peter Schiff said, “MSTR’s entire business model is a fraud. Saylor and I will both be speaking at Binance Blockchain Week in Dubai in early December. I challenge @saylor to debate this proposition with me. Regardless of what happens to Bitcoin, I believe $MSTR will eventually go bankrupt. Let’s go!”
Saylor’s Bitcoin prediction
Michael Saylor told the Coin Stories podcast on YouTube on Friday that Bitcoin’s growing appeal to big institutions may calm the wild price swings that thrill many retail traders.
He said this shift is part of Bitcoin’s natural growth. The comment came after Bitcoin hit a record high of $124,100 on Aug. 14, and while the coin trades near $115,760 with a market cap of $2.31 trillion.
The debate over whether the US Federal Reserve’s Sept. 17 interest rate cut was priced in is one of the reasons traders remain divided about where the price will go next.
As institutional accumulation continues, traders and analysts will be watching whether sustained buying from firms like Strategy influences liquidity and volatility in the broader crypto markets.
Also Read: Strategy Buys Bitcoins Worth $357M, Growing its Treasury to 632,457 BTC As Bitcoin Price Plummets