Strategy Purchases 850 Bitcoins for Nearly $100M

TL;DR

• Michael Saylor’s Strategy purchased 850 bitcoins for nearly $100 million, bringing its total stash to 639,835 BTC.

• Bitcoin is down 1.4% in the last 24 hours and trades around $112,700.

Saylor’s Strategy Splashes $100M on BTC

Michael Saylor’s Strategy has continued its weekly Bitcoin purchase tradition after the company added nearly $100 million worth of BTC to its balance sheet last week. 

The company announced on Monday that it bought another 850 BTC for $99.7 million, increasing its total holdings to 639,825 coins. According to Strategy, this purchase was made at an average price of $117,344 per bitcoin, bringing Strategy’s overall average purchase price to $73,971.

Strategy has acquired 850 BTC for ~$99.7 million at ~$117,344 per bitcoin and has achieved BTC Yield of 26.0% YTD 2025. As of 9/21/2025, we hodl 639,835 $BTC acquired for ~$47.33 billion at ~$73,971 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/rG5pvryeYL

— Michael Saylor (@saylor) September 22, 2025

Strategy added that it funded this latest acquisition via the issuance of perpetual preferred stock and common stock at-the-market (ATM). However, 80% of the funding came from common stock sales.

Strategy’s purchase comes despite Bitcoin losing nearly 3% of its value over the last seven days. The leading cryptocurrency by market cap rallied to the $117k level last week after the Federal Reserve cut interest rates for the first time this year. However, it failed to surpass the $118k resistance level, embarking on a bearish weekend that resulted in BTC’s price dropping below $112k on Monday.

At press time, BTC is trading at $112,753, down 1% in the last 24 hours.