Breaking: Michael Saylor’s Strategy Adds 220 Bitcoin Amid Crypto Market Dip
Highlights
- Strategy bought 220 Bitcoin between October 6 and 12 last week.
- Michael Saylor had hinted about the purchase yesterday.
- The MSTR stock is trading flat today, just above $300.
Michael Saylor’s Strategy has resumed its weekly Bitcoin purchase after a one-week break. This latest purchase comes amid a crypto market dip, during which BTC erased all its gains from the start of the month. ‘
Strategy Acquires 220 BTC for $27.2 Million
In a press release, the company announced that it had acquired 220 BTC for $27.1 million at an average price of $123,561 per Bitcoin. It now holds 640,250 BTC, which it acquired for $47.38 billion at an average price of $74,000 per Bitcoin. Strategy has also achieved a BTC yield of 25.9% year-to-date (YTD).
The company funded this latest purchase by selling STRF, STRD, and STRK shares. It raised $19.8 million, $5.8 million, and $1.7 million, respectively, from these sales.
As CoinGape reported, Strategy’s co-founder, Michael Saylor, hinted at the Bitcoin purchase yesterday. He posted the company’s BTC portfolio tracker with the caption ‘Don’t Stop ₿elievin’.
Don’t Stop ₿elievin’ pic.twitter.com/LUMroqLSCl
— Michael Saylor (@saylor) October 12, 2025
Notably, this Bitcoin buy comes amid the Friday crypto market crash, which marked the largest liquidation event in crypto history. Bitcoin had dropped to as low as $104,000 after U.S. President Donald Trump announced a 100% tariff on China, starting on November 1.
The purchase also comes just a week after Strategy halted its weekly BTC purchases. Before then, the company had purchased Bitcoin for nine consecutive weeks. This dates back to July when it bought 21,021 Bitcoin for $2.46 billion, the largest purchase this year.
Meanwhile, the MSTR stock is trading flat amid the announcement of this latest purchase. TradingView data shows that the stock is trading at around $307 in premarket trading, up just 1% from last week’s closing price of $304.
The Strategy stock has dropped as much as 13% in the last five trading days. Meanwhile, it has been on a steady decline since its 2025 high of $455, losing almost all its year-to-date (YTD) gains in the process.
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