TL;DR
- Strategy Inc. acquires an additional 390 BTC for $43.4 million.
- The company’s total holdings now amount to 640,808 Bitcoin.
- The purchase reinforces institutional conviction as BTC trades above $115,000.
Strategy Inc., Michael Saylor’s firm, is definitively the largest corporate holder of Bitcoin. This was confirmed in an official SEC filing (Form 8-K) and a post by Saylor himself on X this October 27.
The company executed a new Bitcoin purchase. The acquisition was for an additional 390 BTC, paying out approximately $43.4 million. This places the average price for this specific purchase at $111,053 per coin, a move that aligns with the asset’s current price.
With this latest operation, Strategy Inc.’s total Bitcoin reserves have increased to the impressive figure of 640,808 BTC. The company reported that the aggregate purchase price for its entire reserves is approximately $47.44 billion, resulting in an average price per BTC of just $74,032.
This long-term accumulation strategy has proven profitable, as the firm also reported a Bitcoin yield of 26% year-to-date for 2025, highlighting the success of its BTC-centric approach to corporate treasury.
Institutional Conviction and Market Analysis
Strategy’s new Bitcoin purchase underscores the strong institutional conviction Michael Saylor maintains, often buying during market corrections or consolidation phases. At the time of publication, Bitcoin is trading at $115,196, showing a 1.47% rise in the last 24 hours.
From a technical perspective, the price is consolidating just below its recent highs, with the RSI indicator at a healthy 55.40, suggesting moderate and balanced buying momentum. The MACD indicator has crossed into positive territory, hinting at a potential bullish continuation.
Analysts note that Saylor’s consistent accumulation often coincides with mid-cycle accumulation phases that precede larger upward movements. Currently, Bitcoin faces short-term resistance near the $116,300 level, while support remains firm at $112,000. Saylor’s vision of Bitcoin as a “digital form of energy” and a superior store of value continues to attract investors who see Strategy’s stock ($MSTR) as a proxy investment vehicle for gaining BTC exposure in traditional markets.
