Strategy Keeps Buying Bitcoin Despite Price Volatility, Holdings Above 713,000

Strategy, led by Michael Saylor, added to its Bitcoin position during a volatile trading week that briefly pushed prices below levels last seen in late 2023. The disclosure came through a regulatory filing that outlined fresh accumulation despite sharp market swings.

The buying activity unfolded as Bitcoin started the week near recent highs before sliding sharply over the weekend.

Good to Know

• Strategy purchased 855 Bitcoin during last week price dip
• Total holdings now exceed 713,500 Bitcoin
• Bitcoin briefly traded below Strategy average purchase price

Details of the Latest Bitcoin Purchase

According to a filing with the US Securities and Exchange Commission on Monday, Strategy acquired 855 Bitcoin for $75.3 million. The average purchase price stood at $87,974 per Bitcoin.

Market data shows Bitcoin opened the week above $87,700, climbed toward $90,000, then dropped sharply on Sunday, briefly trading below $75,000, based on figures from CoinMarketCap.

Following the purchase, Strategy total Bitcoin holdings reached 713,502 BTC. The company has now spent about $54.26 billion accumulating Bitcoin at an average cost of $76,052 per coin.

That position keeps Strategy as the largest public holder of Bitcoin globally, with holdings built steadily across multiple market cycles.

Price Dip Crosses a Key Threshold

The timing of the purchase stood out because Bitcoin fell below Strategy average acquisition cost during the week. That marked the first time the asset traded under the company cost basis since late 2023.

Despite the brief dip, Strategy continued adding to its position, maintaining its long stated approach toward Bitcoin accumulation during periods of volatility.

Bitcoin price movement over the week highlighted ongoing market sensitivity. Rapid swings from near $90,000 to below $75,000 underscored how quickly sentiment can shift, even as large holders continue to buy through drawdowns.

Strategy activity again placed focus on institutional behavior during sharp market pullbacks. At time of writing Bitcoin is trading at $78,696.