The most relentless corporate buyer in crypto isn’t flinching. Strategy (MSTR) has executed another weekly purchase as part of its unwavering Bitcoin accumulation strategy, adding 855 BTC for $75.3 million. While smaller than previous buys, this consistent deployment of capital signals profound conviction, even as Bitcoin’s price volatility tests the resolve of lesser holders.
Executing the Bitcoin Accumulation Strategy
The company, led by Michael Saylor, funded the purchase through the sale of common stock, maintaining its methodical approach. The 855 BTC were acquired at an average price of $87,974 per coin. This brings Strategy’s total holdings to a staggering 713,502 BTC, acquired for approximately $54.26 billion at an average cost of $76,052 each.
Critically, with Bitcoin currently trading just above $77,000, the company’s entire multi-billion dollar position is once again in profitable territory. This highlights the strategic advantage of a long-term, dollar-cost-averaging approach that treats volatility as an opportunity, not a threat.
Market Reaction and Long-Term Perspective
Despite this show of strength, MSTR stock fell over 7% in premarket trading to a new multi-year low. This divergence between the stock price and the underlying Bitcoin strategy is notable. It reflects short-term market sentiment and equity-specific pressures, while the core treasury asset—Bitcoin—remains the focal point of long-term value creation for the company.
My Thoughts
This is the blueprint for institutional Bitcoin accumulation strategy. Size doesn’t matter as much as consistency. By buying weekly, Saylor’s firm demonstrates that timeline beats timing. The fact that they are buying while their own stock is under severe pressure is the ultimate test of conviction—and they passed. For the market, this provides a psychological floor. Knowing the largest corporate holder is still accumulating, even in smaller chunks, discourages panic and reinforces Bitcoin’s role as a primary treasury reserve asset. This is a long-term bullish signal wrapped in a seemingly routine filing.
