Strategy Inc. Expands Bitcoin Holdings to Over 640K BTC Despite Market Volatility
Bitcoin’s price swings have not deterred Michael Saylor’s Strategy Inc., which continues to increase its position, adding millions in Bitcoin despite market pressures. Strategy remains the largest public holder of the firstborn crypto, and its steady buying strategy keeps drawing attention from both investors and analysts.
In brief
- Strategy Inc. purchased 196 BTC for $22.1M at an average price of $113,048 during a market dip.
- The firm now holds 640,031 BTC valued at $47.35B, with an average buy price of $73,983.
- Despite slowing purchases, Michael Saylor remains bullish on Bitcoin’s long-term recovery.
- MSTR shares slid to $300.7, a six-month low, reflecting Bitcoin’s ongoing volatility.
Strategy Boosts Holdings Despite Market Dip
Strategy Inc. disclosed on Monday that it purchased 196 Bitcoin for $22.1 million during the week ending Sunday. The acquisition was reported in a U.S. Securities and Exchange Commission filing. According to details, the investment was completed at an average price of $113,048 per coin, just as Bitcoin started the week above $112,000 and briefly dropped below $110,000, according to market data.
With this latest purchase, the company now holds 640,031 Bitcoin, valued at about $47.35 billion in total. Its average purchase price across all holdings stands at $73,983 per coin.
The $22 million purchase ranks among Strategy’s smallest weekly acquisitions, reflecting a slowdown in its recent pace of purchases. Despite the reduced volume, co-founder Michael Saylor has remained upbeat on Bitcoin’s prospects. He recently said he expects the asset to rebound toward year-end after facing market resistance and macroeconomic headwinds.
Stock Slides to Six-Month Low as Bitcoin Volatility Weighs on Investor Sentiment
While Bitcoin’s volatility is nothing new, Strategy’s own stock has mirrored the turbulence. Shares of Strategy Inc. (MSTR) fell to $300.7 on Wednesday, the lowest since mid-April and a six-month low. CryptoQuant analyst Maartunn described the decline as a “painful move” for the world’s largest corporate Bitcoin holder.
Investors remain divided, as some see the decline in MSTR as a warning about exposure to Bitcoin’s downturn, while others point to the company’s massive long-term gains. Strategy bull Julius highlighted that despite a 30% drop in the current cycle and a 56% dip in April 2025, the stock is still up 2,300% in this bull market.
Holding $MSTR is not for the weak. In this cycle alone, $MSTR declined 30% or more from its highs six times. The biggest drawdown was 56% in April 2025. Despite these drawdowns, $MSTR is still up 2,300% in this bull market.
Julius
Market data shows that despite a 2.9% loss over the past six months, MSTR has climbed 96% in the past year and delivered a 2,000% return over the last five years.
With Bitcoin under pressure and Strategy slowing its pace of purchases, the market is watching closely. Whether Saylor’s prediction of a year-end rebound materializes could influence not only Bitcoin’s trajectory but also the future of the company most closely tied to its fate.
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James Godstime is a crypto journalist and market analyst with over three years of experience in crypto, Web3, and finance. He simplifies complex and technical ideas to engage readers. Outside of work, he enjoys football and tennis, which he follows passionately.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.