Strategy Inc. Buys 487 Bitcoin for $49.9 Million: Holdings Surge to 641,692 BTC

2025-11-12 08:12:04

Strategy Inc. Bitcoin acquisition continues unabated, with the company—led by Michael Saylor—purchasing 487 BTC for $49.9 million between November 3 and 9, 2025, at an average price of $102,557 per coin. This latest buy pushes total holdings to 641,692 BTC, acquired for $47.54 billion overall, valued at over $66.5 billion at current prices near $103,500.

The Latest Purchase: Funded by Preferred Shares

Strategy Inc. raised $50 million through at-the-market offerings of preferred shares from series STRC, STRF, STRK, and STRD, avoiding common stock dilution. This capital fully funded the 487 BTC buy, averaging $102,557 per coin amid Bitcoin’s rebound from sub-$100,000 lows. The move aligns with Saylor’s long-term treasury strategy, treating Bitcoin as a superior store of value to cash or bonds.

Buy Details: 487 BTC; $49.9M total; $102,557 average.
Funding: $50M preferred shares; no common dilution.
Holdings Update: 641,692 BTC; $47.54B cost basis.

Total Holdings: 641,692 BTC Valued at $66.5 Billion

At $103,500 per BTC, Strategy Inc.'s 641,692 coins are worth $66.5 billion, representing a 40% unrealized gain on the $47.54 billion acquisition cost. The company’s Bitcoin treasury, started in 2020, has grown exponentially, with 2025 purchases alone exceeding $10 billion. This positions Strategy as the largest corporate BTC holder, surpassing even nation-states like El Salvador (5,700 BTC).

Current Value: $66.5B at $103,500.
Gain: +40% on $47.54B cost.
Rank: #1 corporate holder globally.

Saylor’s Strategy: Bitcoin as Corporate Treasury Core

Michael Saylor’s vision treats Bitcoin as “digital property,” immune to inflation and superior to fiat reserves. Strategy Inc.'s buys—often during dips—average $74,000 per BTC historically, with 2025’s $102K entries reflecting conviction amid volatility. The preferred share model funds acquisitions without equity dilution, appealing to shareholders with 150% YTD stock gains.

Market Context: Bitcoin’s Rebound and Institutional Flows

Bitcoin’s 2.5% daily gain to $103,500 follows a 16% October drop from $126,000 highs, with $50B+ volume and 67% institutional sentiment. Strategy’s buy coincides with ETF inflows ($336M for Solana) and shutdown resolution hopes injecting $150B liquidity. The acquisition signals confidence, with BTC dominance at 60% squeezing alts.

BTC-2.78%

SOL-4.79%

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