Strategy Buys 487 Bitcoin During Price Dip, Holds 641,692 BTC

Strategy, formerly known as MicroStrategy, has demonstrated its commitment to Bitcoin accumulation by purchasing an additional 487 BTC for approximately $49.9 million during recent price declines. The acquisition, executed at around $102,557 per Bitcoin, represents the company’s latest move in a consistent pattern of buying during market weakness. This purchase exceeds the scale of recent acquisitions, including last Monday’s 397 BTC purchase for roughly $45 million and late October’s 390 BTC acquisition, indicating an intensified accumulation strategy during favorable buying conditions.

The company’s Bitcoin treasury now stands at 641,692 BTC, acquired through a cumulative investment of approximately $47.54 billion at an average price of $74,079 per Bitcoin. This strategic positioning has yielded substantial paper profits, with current holdings valued at over $68 billion representing an unrealized gain of approximately $20.5 billion. The achievement of a 26.1% Bitcoin yield year-to-date through 2025 underscores the effectiveness of Strategy’s disciplined accumulation approach, particularly during periods of price volatility that have characterized recent market conditions.

Strategy’s Bitcoin journey began in August 2020 with its initial purchase, marking the start of what would become the most significant corporate Bitcoin accumulation strategy in history. Under the leadership of co-founder Michael Saylor, the business intelligence software company has transformed into a de facto Bitcoin investment vehicle, consistently allocating capital to BTC acquisitions regardless of market conditions. The company’s persistent Monday purchase announcements have become a hallmark of its corporate strategy, rarely skipping opportunities to add to its growing digital asset treasury.

The scale of Strategy’s Bitcoin holdings, now representing 641,692 BTC, positions the company as an unparalleled force in corporate cryptocurrency adoption. With an average purchase price of $74,079 per Bitcoin, the company has maintained disciplined entry points while building what amounts to one of the largest Bitcoin treasuries globally. This accumulation strategy has proven particularly effective during recent price nosedives, allowing the company to acquire digital assets at discounted prices while maintaining its long-term bullish outlook on Bitcoin’s value proposition.

Despite the substantial paper profits and consistent Bitcoin accumulation, Strategy’s stock performance has diverged significantly from its underlying asset growth. MSTR shares currently trade around $241, representing a 40% decline over the past six months. This performance disconnect highlights the complex relationship between corporate Bitcoin holdings and traditional equity market valuation, particularly as the company continues to demonstrate the profitability of its accumulation strategy through measurable BTC yield metrics.

The contrast between Strategy’s successful Bitcoin investment returns and its struggling stock price presents a fascinating case study in market dynamics. While the company’s Bitcoin holdings have generated substantial returns and consistent yield performance, equity investors appear to be pricing in different risk factors or valuation metrics. This divergence raises important questions about how traditional markets value companies with significant cryptocurrency exposure, particularly as Strategy continues to demonstrate the effectiveness of its core investment thesis through tangible BTC accumulation and yield generation.

As Strategy maintains its pattern of regular Bitcoin purchases, market observers will continue to monitor whether the company’s stock performance eventually converges with the demonstrated success of its Bitcoin investment strategy. The ongoing accumulation of BTC at strategic price points, combined with the substantial paper profits already realized, positions Strategy as a unique corporate entity navigating the intersection of traditional business operations and cryptocurrency investment strategy.