• Strategy buys 220 BTC for $27.1M amid market dip, boosting total holdings to 640,250 BTC.
  • Michael Saylor funds Bitcoin purchase through $27.3M equity sales during price correction.
  • MSTR stock remains flat as Strategy resumes weekly Bitcoin accumulation after brief pause.

Strategy, led by Michael Saylor, has resumed its weekly Bitcoin accumulation after a pause, purchasing 220 BTC between October 6 and 12. The acquisition, valued at $27.1 million, came as the crypto market faced a major downturn triggered by heightened U.S.–China trade tensions. Bitcoin fell to $104,000 after President Donald Trump announced a 100% tariff on Chinese imports, effective November 1.

According to the company’s disclosure, the purchase was made at an average price of $123,561 per Bitcoin. The firm now holds a total of 640,250 BTC, valued at approximately $47.38 billion based on current market prices. The company’s year-to-date Bitcoin yield stands at 25.9%.

Funding Through Equity Sales

Strategy financed its latest Bitcoin acquisition through the sale of equity. The firm sold $19.8 million worth of STRF shares, $5.8 million of STRD shares, and $1.7 million of STRK shares during the same week. These transactions are consistent with its approach of using equity proceeds to expand its digital asset holdings.

Michael Saylor hinted at the purchase a day before the official announcement was made. In a post on social media platform X, he shared the company’s Bitcoin tracker, accompanied by the caption “Don’t Stop ₿elievin,” signaling renewed accumulation.

Market Reaction and Stock Performance

The company’s stock, listed under the ticker MSTR, traded relatively flat following the announcement. Premarket data showed MSTR changing hands at around $307, up 1% from the previous week’s close of $304. However, the stock has faced notable pressure in recent sessions, falling as much as 13% over the past five trading days.

MSTR has struggled to maintain momentum since reaching its 2025 peak of $455 earlier this year. The decline has erased nearly all of its year-to-date gains despite the company’s continued Bitcoin accumulation.

Context of the Broader Market

The timing of Strategy’s purchase coincided with the largest liquidation event in cryptocurrency history, as traders reacted to rising tariff threats. The market’s correction erased much of Bitcoin’s early-October gains, with several large institutional holders reportedly taking advantage of the price drop to expand their positions.

Strategy’s decision marks its tenth major Bitcoin purchase this year. The firm had paused its regular buying streak the previous week after completing nine consecutive weeks of acquisitions dating back to July. One of its largest single-week purchases occurred that month when it acquired 21,021 BTC for $2.46 billion.

Stay informed with daily updates from Blockchain Magazine on Google News. Click here to follow us and mark as favorite: [Blockchain Magazine on Google News].

Disclaimer: Any post shared by a third-party agency are sponsored and Blockchain Magazine has no views on any such posts. The views and opinions expressed in this post are those of the clients and do not necessarily reflect the official policy or position of Blockchain Magazine. The information provided in this post is for informational purposes only and should not be considered as financial, investment, or professional advice. Blockchain Magazine does not endorse or promote any specific products, services, or companies mentioned in this posts. Readers are encouraged to conduct their own research and consult with a qualified professional before making any financial decisions.

About the Author: Peter Mwangi

Avatar of Peter Mwangi