Michael Saylor’s Strategy has continued its aggressive Bitcoin buying spree, even as both Bitcoin and the company’s stock, MSTR, face sharp declines. The firm’s latest purchase underscores its unwavering commitment to Bitcoin accumulation, signaling no slowdown in its strategy.
Strategy Adds 850 BTC Amid Market Slump
Strategy announced the acquisition of 850 BTC worth $99.7 million, purchased at an average price of $117,344 per coin. The company now holds 639,835 BTC, secured for a total of $47.33 billion at an average of $73,971 per coin. This marks the firm’s eighth consecutive weekly Bitcoin buy, extending a streak that began in late July.
Just last week, Strategy added 525 BTC for $60 million, its smallest purchase this year. Yet Saylor continues to show no hesitation, signaling in an X post that “The Orange Dots go up and to the right.” His message reinforced the firm’s long-term vision of expanding its Bitcoin reserves regardless of market swings.
The Orange Dots go up and to the right. pic.twitter.com/CrTo7DQ9qw
— Michael Saylor (@saylor) September 21, 2025
The company’s current holdings represent a 26% yield on its Bitcoin position. With this steady pace of acquisition, Strategy has cemented itself as the largest corporate Bitcoin holder worldwide. This ongoing accumulation also highlights Saylor’s belief in Bitcoin’s long-term role as a superior store of value.
Bitcoin and MSTR Face Pressure
The timing of the latest buy comes as both MSTR stock and Bitcoin continue to struggle. According to TradingView, MSTR is trading near $336, down from last week’s $344 close. The stock hit a five-month low of $323 but still holds a 14% gain year-to-date.
Bitcoin price has also slid, now trading just under the key $113,000 level, down over 2% in the last 24 hours. Broader market weakness has dragged the crypto sector lower, driven by rising U.S. Treasury yields and macroeconomic uncertainty.
Skeptics like Peter Schiff warn that Bitcoin could fall below $100,000 as gold surges toward $4,000. Despite this bearish outlook, Strategy shows no signs of pulling back. Instead, the firm has doubled down, positioning itself to benefit from any recovery in Bitcoin’s price.
More like before Bitcoin breaks down. I think the breaking point will be when gold breaks above $4,000 and Bitcoin breaks below $100,000.
— Peter Schiff (@PeterSchiff) September 22, 2025
For now, Strategy’s relentless Bitcoin accumulation sets it apart from traditional institutions, with Saylor proving once again that his playbook remains firmly bullish.
