Your Vote
Decides
Web3's Best

Breaking: Michael Saylor’s Strategy Buys 1,229 BTC as Bitcoin Heads Toward a 2025 Loss

Boluwatife Adeyemi
2 hours 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 and Bitcoin logos

Highlights

  • Strategy bought 1,229 Bitcoin between December 22 and 28.
  • The company now holds 672,497 BTC.
  • The MSTR stock is down today amid the announcement of this purchase.

Michael Saylor’s Strategy, previously MicroStrategy, has made another weekly BTC purchase amid the crypto market downtrend. This latest purchase comes as Bitcoin and MSTR stock head toward a 2025 loss, after losing their gains from earlier in the year.

Strategy Acquires 1,229 BTC For $108.8 Million

An SEC filing showed that the company acquired 1,229 BTC for $108.8 million at an average price of $88,568 per Bitcoin. It has now achieved a BTC yield of 23.2% year-to-date (YTD). It now holds 672,497 BTC, which it acquired for $50.44 billion at an average price of $74,997 per Bitcoin.

The filing also shows Strategy sold MSTR shares to fund this latest purchase. The company sold 663,450 shares, with the net proceeds of $108.8 million, used to buy more BTC.

Strategy SEC filing
Source: Strategy SEC filing

This follows Saylor’s hint of another Bitcoin purchase yesterday. The company’s executive chairman had made his conventional Sunday X post, with the caption, ‘Back to Orange,’ signaling another purchase.

Meanwhile, this purchase comes just a week after Strategy had paused its Bitcoin buys. Instead of a purchase in the week ending December 21, the company announced that it increased its USD reserves to $2.19 billion.

Notably, the company made some of its largest purchases in 2025 this month, including a $980 million BTC purchase in the week ending December 14, which was its largest since July. It also bought 10,624 BTC for $962.7 million in the week ending December 7.

BTC Heads For A Yearly Loss

The latest Strategy purchase comes as the BTC price heads towards a 2025 loss, with the flagship crypto down almost 7% year-to-date (YTD). BTC staged a rebound above $90,000 yesterday and looked on course to erase its YTD loss, but has now dropped to an intraday low of around $87,000.

The MSTR stock is also on course to end this year in the red. TradingView data shows that the stock is down 47% YTD, having crashed from a yearly high of around $455 to below $160.

MSTR Daily Chart
Source: TradingView; MSTR Daily Chart

The Strategy stock is also down amid the announcement of this latest Bitcoin purchase. The stock is trading at around $157 in pre-market trading, down from last week’s close of $159.

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.
Your Vote
Decides
Web3's Best
Cross