Michael Saylor’s Strategy Makes Another Massive Bitcoin Purchase

Overview of the Purchase

Between December 8 and December 14, 2025, Strategy Inc. (formerly MicroStrategy), led by Executive Chairman Michael Saylor, bought 10,645 BTC for about $980.3 million, or $92,098 per Bitcoin on average.

Source: X.com

This marks the second week in a row that there has been a massive amount of accumulation after the previous week’s purchase of 10,624 BTC.

Effect on Bitcoin Holdings

After this purchase, Strategy’s total Bitcoin holdings grew to 671,268 BTC, which cost about $50.33 billion and had an average purchase price of $74,972 per BTC. These holdings are worth about $60 billion at the current market level.

Source: strategytracker.com

How the Purchase was Funded

The money for this most recent purchase came from public offerings. To get the money they needed, Strategy sold common shares (MSTR) and multiple types of perpetual preferred stock (STRK, STRD, and STRF). The company can still sell a lot more shares as part of its “42/42” plan to raise $84 billion in equity issuance and convertible notes by 2027. 

What happened in the market?

This transaction suggests that Strategy is still interested in buying Bitcoin, even though the market is shaky. It makes the company’s claim to be the biggest corporate holder of Bitcoin stronger, since it owns more than 3% of the total supply.

Even though the transaction was a substantial, Strategy’s stock hasn’t gone up significantly. One reporter stated that the stock fell roughly 8.4% on the Monday after the announcement, which added to a 44% slump for the year so far. This difference shows that investors are worried about the aggressive accumulation plan, as well as other things like liquidity and capital structure.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.