As Bitcoin volatility persists near cycle highs, Strategy has accelerated its accumulation pace with another large-scale purchase. The company added 10,645 Bitcoin last week, spending roughly $980 million at an average price near $92,098.
As Bitcoin volatility persists near cycle highs, Strategy has accelerated its accumulation pace with another large-scale purchase. The company added 10,645 Bitcoin last week, spending roughly $980 million at an average price near $92,098.
Consequently, Strategy has reinforced its position as the world’s largest corporate Bitcoin holder, while signaling continued conviction despite rising market and regulatory questions.
The latest pushed total holdings to 671,268 Bitcoin, acquired for approximately $50.33 billion. Hence, the firm’s average purchase price now stands near $74,972 per coin.
At current market levels, those holdings carry a valuation exceeding $60 billion. Additionally, Strategy reported a Bitcoin yield of 24.9% year to date in 2025, underscoring its aggressive treasury approach.
MicroStrategy financed this latest tranche solely through its At-The-Market (ATM) equity program. By selling MSTR common stock and preferred shares (STRF, STRD, STRK), the firm effectively converted fiat equity premium into hard assets without touching traditional debt markets.
This strategy drove a reported BTC Yield of 24.9% YTD, a key metric Saylor uses to demonstrate how the firm generates accretive value for shareholders despite the share count dilution. The firm has now purchased over 21,000 Bitcoin in just two weeks, proving that management prioritizes scale and “share of network” over short-term NAV protection.
CEO Phong Le recently emphasized that raising billions reflected strong financial resilience. Hence, Strategy appears focused on scale rather than timing short-term market swings.
However, Strategy’s expanding Bitcoin exposure has drawn increasing attention from index providers. The company its place in the Nasdaq 100 following a recent review.
Nevertheless, MSCI continues to assess whether firms with large crypto treasuries should remain in its benchmarks. Analysts warn that removal could trigger forced selling by index-tracking funds.
Strategy has countered these concerns by stressing its status as an operating company. Additionally, management argues that Bitcoin holdings support long-term corporate strategy rather than passive investment exposure. Consequently, the outcome of MSCI’s expected January decision remains a critical near-term risk.
