Michael Saylor’s Strategy Buys 10,645 BTC Amid Market Slowdown

TLDR

Table of Contents

Strategy purchased 10,645 BTC for $980.3M at $92,098 per BTC during December 8–14.
Strategy now holds 671,268 BTC acquired for $50.33B at an average of $74,972.
MSTR share sales funded the BTC purchase, raising $888.2M through the ATM program.
The latest BTC buy follows a 10,624 BTC purchase made earlier in December.

Michael Saylor’s Strategy (formerly MicroStrategy) has purchased 10,645 BTC worth $980.3 million between December 8 and 14, 2025. This marks the second week in a row the company has made a major acquisition despite Bitcoin’s recent price decline and ongoing global macroeconomic uncertainty. The move brings Strategy’s total Bitcoin holdings to over 671,000 BTC.

Another Major Bitcoin Acquisition by Strategy

Strategy, formerly known as MicroStrategy, purchased 10,645 Bitcoin during the week ending December 14, 2025. The transaction, disclosed in a recent SEC filing, totaled $980.3 million at an average price of $92,098 per Bitcoin.

This is the second week in a row that the company has made a large Bitcoin purchase. On December 8, Strategy reported the acquisition of 10,624 BTC for $962.7 million. These recent buys represent Strategy’s most substantial Bitcoin acquisitions since July 2025, when it spent $2.46 billion.

Strategy’s Bitcoin Holdings Surpass 671,000 BTC

Following the latest transaction, Strategy’s total Bitcoin holdings reached 671,268 BTC. The company disclosed that the total cost of acquiring its holdings stands at $50.33 billion, with an average purchase price of $74,972 per Bitcoin.

With Bitcoin trading near $89,560 at the time of the purchase, the company holds an unrealized gain of over $9.7 billion. The year-to-date return on the company’s Bitcoin portfolio is 24.79%, according to the latest filing.

Strategy funded the latest acquisition through stock sales, using proceeds from its STRK, STRD, and MSTR offerings. The company raised $600,000, $82.2 million, and $888.2 million respectively from those sales.

MSTR Stock Remains Flat Amid Market Concerns

Despite the major Bitcoin acquisition, MSTR stock remained mostly flat following the announcement. The broader crypto market also continued to experience price pressures.

Investors remain cautious as Japan is expected to raise interest rates this week. This has added to uncertainty in global financial markets, affecting risk assets like cryptocurrencies and related equities.

Bitcoin’s price dipped below the $90,000 level earlier in the week. The S&P 500 and Nasdaq also reported losses amid weak tech sector performance, pulling down digital assets further.

Strategy Faces Indexing Debate with MSCI

In parallel with its continued Bitcoin accumulation, Strategy is challenging a proposed MSCI rule that could exclude firms with digital assets exceeding 50% of their total assets from global indexes.

Strategy submitted a formal letter opposing the MSCI draft proposal, calling it arbitrary and inconsistent. The company defended its position as an operating business with a functioning software segment.

It argued that companies holding high concentrations in digital assets should not be treated differently from those holding commodities or real estate. The company stated such exclusions could reduce innovation and investment in digital asset-focused firms.

Optimism Remains Ahead of Key Data Releases

As the crypto market digests Strategy’s latest move, traders are watching upcoming economic data. Reports due this week include November’s nonfarm payrolls, October retail sales, and the CPI update.

Analysts say these metrics could shape risk appetite across financial markets. A positive shift could help cryptocurrencies regain lost ground after recent declines.