Strategy Adds Nearly 3,000 Bitcoin as Michael Saylor Stays Bullish

Crypto prices have softened, but buying activity at Strategy has not slowed. The firm behind one of the largest Bitcoin treasuries in the world continues to add to its position, even as markets wobble and related stocks trade lower.

Good to Know

• Strategy bought 2,932 additional Bitcoin for about $264 million
• Total holdings now exceed 712,000 BTC
• Michael Saylor says future Bitcoin boom and bust cycles are over

Strategy, the Nasdaq-listed company trading under ticker MSTR, confirmed a fresh Bitcoin purchase led by Michael Saylor. The company acquired 2,932 BTC for roughly $264.1 million, paying an average price of $90,061 per coin.

That purchase pushes total holdings to 712,647 Bitcoin. Strategy has now spent about $54.19 billion accumulating BTC, with an average acquisition cost of $76,037 per Bitcoin. The company remains the largest corporate holder of Bitcoin globally and the first public firm to make BTC its only treasury reserve asset.

The buying comes during a period of market softness. Bitcoin and other digital assets have traded lower in recent weeks, and Strategy stock has followed that trend. Shares of MSTR have slid alongside broader crypto prices, reflecting investor caution rather than a change in company policy.

Saylor has repeatedly brushed aside concerns tied to short-term price action. In a Bloomberg interview earlier this year, he argued that Bitcoin has moved beyond its historical boom-and-bust pattern:

“Winter’s not coming back. We’re past that phase. Bitcoin’s not going to zero, it’s going to $1 million.”

He tied that outlook to policy shifts in Washington and growing acceptance among traditional financial institutions. According to Saylor, the Trump Administration stance on crypto removed barriers that once slowed adoption:

“The banks are going to custody Bitcoin. Bitcoin has gotten through its riskiest period, the accounting has been corrected.”

Supply dynamics also play a central role in his thinking. Saylor pointed to daily issuance from miners as a structural factor that limits selling pressure:

“There’s now only 450 Bitcoin a day available for sale by natural sellers, that’s the miners. At this level, that works out to about $50 million of Bitcoin available for sale every day. If that $50 million is bought, then the price has got to move up to find any seller that’s price sensitive.”

While Strategy continues to add Bitcoin, the market remains cautious in the near term. At the time of writing, Bitcoin trades at $89,103, below the average price paid in the most recent purchase but well above Strategy long-term cost basis.