Billionaire Michael Saylor’s Strategy Keeps Buying Bitcoin — Adds 397 BTC for $45.6M
Strategy, the software-intelligence company led by billionaire government chairman Michael Saylor, has as soon as once more expanded its Bitcoin holdings.
According to a company filing dated November 3, Strategy bought 397 BTC between October 27 and November 2 for a complete of $45.6 million in money, paying a mean worth of $114,771 per coin.
The acquisition brings the corporate’s whole Bitcoin stash to 641,205 BTC, amassed at a mean buy worth of $74,057 per BTC, representing a mixed funding of $47.49 billion.
Strategy mentioned the brand new bitcoins have been acquired utilizing proceeds from its lively at-the-market (ATM) fairness applications, a mechanism the corporate has relied on all through 2025 to finance steady Bitcoin accumulation.
Funding the Bitcoin Buys
The submitting reveals Strategy raised roughly $69.5 million in web proceeds throughout the one-week interval throughout a number of preferred- and common-stock issuances.
These embrace proceeds generated by the sale of Series A perpetual most popular inventory and sophistication A typical shares. The firm continues to carry greater than $46 billion in out there capability beneath its ATM applications, giving it flexibility to maintain elevating capital for future purchases.
The doc particulars that $8.4 million got here from the sale of STRF shares, $4.4 million from STRK shares, $2.3 million from STRD shares, and $54.4 million from MSTR frequent inventory.
Proceeds from all these applications have been directed particularly towards Bitcoin acquisitions, underscoring Saylor’s focus on converting equity capital into what he views because the world’s most dependable retailer of worth.
Long-Term Conviction
Since adopting Bitcoin as its major treasury reserve asset in 2020, Strategy has remained one of the crucial aggressive company consumers out there.
Saylor’s thesis is that Bitcoin capabilities as a digital type of gold—an appreciating financial community that preserves worth throughout time higher than money or bonds. His technique has confronted skepticism throughout bear-market drawdowns however has delivered giant unrealized features throughout worth rallies.
Strategy’s holdings now exceed these of every other publicly listed firm and most sovereign treasuries. At present market costs, the agency’s Bitcoin reserve is valued at roughly $45 billion, cementing its place as the most important company holder of the cryptocurrency.
No Signs of Slowing
The firm’s regular rhythm of weekly purchases demonstrates Saylor’s unwavering dedication to Bitcoin accumulation no matter market situations. He has incessantly acknowledged that each greenback raised will finally be transformed into BTC. With substantial ATM capability remaining and Bitcoin buying and selling close to file highs, Strategy reveals no indication of easing its shopping for technique.
If the corporate maintains this tempo, its Bitcoin holdings might quickly surpass 650,000 BTC, additional solidifying its standing as essentially the most influential company participant within the Bitcoin ecosystem.
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