Strategy Buys $27.1M in Bitcoin Amid Market Dip

Software intelligence company Strategy is buying Bitcoin (BTC) again. After taking a short break, the company has restarted its weekly Bitcoin purchases, showing it still believes in the long-term value of the cryptocurrency. 

The latest buy comes at a tough time for the crypto market, which recently lost all the gains it made earlier this month.

Strategy Buys 220 BTC, Total Holdings Reach 640,250 Units

In its recent press release, Strategy revealed that it had purchased 220 BTC for $27.1 million, paying an average price of $123,561 per Bitcoin. This addition brings the company’s total holdings to 640,250 BTC, totaling $47.38 billion in investment. The company revealed it acquired this massive stash at an average price of $74,000 per coin. 

Despite the market fluctuations, Strategy has achieved a notable BTC yield of 25.9% year-to-date. The firm now holds Bitcoin worth more than most major banks and even some countries. 

Reportedly, the Nasdaq-listed firm funded this latest Bitcoin buy by selling its own shares. The company raised $19.8 million from STRF, $5.8 million from STRD, and $1.7 million from STRK. This demonstrates a strategic approach to maintain liquidity while continuing its crypto accumulation.

Strategy Buys Bitcoin Amid Market Turmoil and Record Liquidations

The purchase comes amid significant market turbulence. The event that happened on October 10 marked the largest liquidation event in crypto history, with Bitcoin dropping as low as $104,000. Adding to the pressure, U.S. President Donald Trump announced a 100% tariff on China, which will be effective on November 1.

While the market struggles to hold its ground, Strategy continues to build its digital gold reserve, signaling strong confidence in Bitcoin’s long-term value. Interestingly, the company’s co-founder, Michael Saylor, in his usual manner, had hinted at the purchase a day before the announcement. 

He shared the company’s BTC portfolio tracker on social media with the caption, “Don’t Stop ₿elievin’,” reflecting both confidence and encouragement for Bitcoin supporters. Also, NBA legend Scottie Pippen has urged investors to stay calm and not panic as the crypto market faces a sharp correction.

Bitcoin Holdings Grow, But MSTR Stock Stays Flat

Before the recent pause, Strategy had purchased Bitcoin weekly for nine consecutive weeks. 

The company’s largest buy this year occurred in July when it acquired 21,021 BTC for $2.46 billion. The recent purchase marks a continuation of the company’s aggressive accumulation strategy, even in the face of market dips.

While the company adds more Bitcoin to its holdings, its stock (MSTR) has shown limited movement. According to TradingView, premarket trading places MSTR around $307, just 1% above last week’s close of $304. 

Over the past five trading days, the stock dropped as much as 13% and has steadily declined from its 2025 high of $455, losing nearly all year-to-date gains.