Breaking: Michael Saylor’s Strategy Adds 2,932 BTC as Bitcoin Erases YTD Gains

Boluwatife Adeyemi
1 hour ago Updated 10 minutes ago
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.
Read full bio
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
an image of Michael Saylor and Strategy logo

Highlights

  • Strategy bought 2,932 BTC between January 20 and 25.
  • Strategy now holds 712,647 BTC, which it acquired for $54 billion.
  • The company has acquired 40,150 BTC to start this year.
  • MSTR stock is down over 2% in premarket trading.

Michael Saylor’s Strategy, previously MicroStrategy, has made another weekly Bitcoin purchase, further extending its weekly BTC buying streak. This latest purchase comes amid Bitcoin’s recent drop below $87,000, erasing all its year-to-date (YTD) gains in the process.

Strategy Acquires 2,932 For $264.1 Million

An SEC filing shows that the company acquired 2,932 BTC for $264.1 million at an average price of $90,061 per Bitcoin. It now holds 712,647 BTC, which it acquired for $54.19 billion at an average price of $76,037 per Bitcoin. The company has now acquired over 40,000 BTC to start the year and is well on track to hold over 800,000 BTC by year-end.

Strategy funded this latest purchase with net proceeds from MSTR and STRC stock sales. It raised $257 million and $7 million, respectively, from the sale of 1.57 million MSTR and 70,201 STRC shares.

Strategy SEC Filing
Source: Strategy SEC Filing

This latest purchase comes just days after Michael Saylor hinted that his company had bought more BTC. He also made his conventional Sunday X post yesterday, posting Strategy’s Bitcoin portfolio tracker, with the caption, “Unstoppable Orange.”

This also marks the fifth consecutive weekly purchase. Last week, Saylor’s company announced that it acquired 22,305 BTC for $2.13 billion, its largest purchase since July 2025. It also became the first company to hit the 700,000 BTC milestone in the process.

Meanwhile, the Bitcoin price has erased all its year-to-date (YTD) gains amid Strategy’s latest BTC purchase. The flagship crypto, which had surged above $97,000 to start the year, is now trading just above $87,000. BTC had dropped to as low as $86,000 yeaterday on the back of concerns over a potential U.S. government shutdown.

The MSTR stock is also down following Bitcoin’s recent decline. Yahoo Finance data shows that the stock is trading at around $159, down over 2% from last week’s close of $163. However, the stock is still up over 5% year-to-date.

MSTR Daily Chart
Source: Yahoo Finance; MSTR Stock
Advertisement
coingape google news

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Newsletter
Your crypto brief.
Delivered every day.
  • Insights that move markets
  • 100,000 active subscribers
By signing-up you agree to our Terms and Conditions and Privacy Policy.
About Author
About Author
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.