- Strategy bought 130 BTC for $11.7M, bringing total holdings to 650,000 BTC worth $48.38B.
- The purchase comes as Bitcoin dips under $90K and market sentiment falls into the fear zone.
- MSTR stock is down over 5%, but Strategy reiterates plans to keep accumulating BTC long-term.
Michael Saylor’s company, now renamed Strategy after transitioning away from the MicroStrategy brand, has doubled down on its signature Bitcoin accumulation play — even as the broader market shudders and BTC trades under heavy pressure. The latest buy arrives during a moment of rising fear and sharp price swings, with MSTR stock also getting hit hard in premarket trading, falling more than 5%.
Strategy Scoops Up Another 130 BTC
In a new press release, Strategy revealed it acquired 130 BTC for roughly $11.7 million, averaging about $89,960 per coin. Despite recent volatility, the firm claims a 27.8% year-to-date BTC yield. With this purchase, Strategy now holds a massive 650,000 BTC acquired across years of accumulation — worth $48.38 billion at an average entry of $74,436 per Bitcoin. The move didn’t come as a complete surprise: yesterday, Saylor teased activity by posting the company’s portfolio tracker with the line, “What if we start adding green dots?” — his now-iconic hint that more buying was underway.
Buying Through Fear as the Market Corrects
Two weeks ago, the firm paused its Bitcoin purchases after scooping up 8,178 BTC for $836 million during one of its largest accumulations to date. That buy was funded through the company’s STRE offering, a strategy Saylor has frequently leaned on to scale BTC exposure. This most recent purchase comes just as sentiment in the crypto market has slipped deep into the fear zone. BTC crashed below $90,000 yesterday, dragging market confidence down with it. CoinMarketCap’s Fear and Greed Index now sits at 20 — firmly in panic territory.
Strategy Stays Committed as MSTR Stock Drops
Despite the fear-driven pullback, Strategy has made it clear they intend to keep buying Bitcoin even if the market turns bearish. The company has repeatedly pointed back to the 2022 crypto winter, noting it continued accumulating even when BTC traded below its overall cost basis. Still, the market downturn isn’t isolated to crypto — Strategy’s stock is also sliding. TradingView data shows MSTR down more than 5% today, trading near $168 in premarket hours as investors react to BTC’s recent breakdown.
