During last week’s downturn, it was rumored that Strategy had sold tens of thousands of BTC, a claim that was later dismissed by Michael Saylor. In fact, he announced a surprising purchase for the new week, leading to expectations of an extraordinary buy on Monday.
Bitcoin Developments Unfold
For a long time, Strategy was making very limited purchases, typically below a thousand BTC. However, last week’s announcement indicated that due to the downturn, we could see a much larger purchase in the new week, and this expectation came true. The company declared a purchase amounting to $835 million, which is nearly half of the ETF outflows that occurred last week.
The purchases were made at an average cost of $102,171 per BTC, meaning they occurred earlier in the week before the downturn intensified. According to a notification to the SEC, $836.6 million was spent, acquiring a total of 8,178 BTC.
Impressive Bitcoin Reserves
Since 2025, the company’s BTC revenue has reached 27.8%. As of yesterday, the company’s total BTC reserves have reached 649,870. The average cost of all acquisitions is approximately $74,433, with total cash spent amounting to $48.37 billion. The current value of these assets is significantly higher today.
Despite these developments, BTC seemed indifferent to the news, stabilizing at $93,000 and struggling to maintain the $95,000 mark.