Inventories increased significantly: Strategy is again making massive purchases in Bitcoin
The Bitcoin treasury company Strategy has struck again amid the current downturn in the crypto market and has massively increased its Bitcoin holdings.
Values in this article
Shares
160.00 EUR -22.70 EUR -12.42%
currency
74,274.3081 CHF 659.0659 CHF 0.90%
79,936.9942 EUR 739.1819 EUR 0.93%
70,627.7621 GBP 662.5845 GBP 0.95%
14,479,058.9832 JPY 129,753.7574 JPY 0.90%
$92,170.6157 $781.9165 0.86%
• Sales rumors debunked
• Financing through preferred shares
Michael Saylor continues to use Bitcoin undeterred. According to data published on the company’s website, during the week of November 10-16, 2025, Strategy purchased a total of 8,178 Bitcoin at an average price of $102,171 per BTC, bringing the purchases to a total volume of approximately $836 million. This is the company’s largest purchase since July, after only Bitcoin purchases for a double-digit or low three-digit million amount were made in the previous weeks. According to its own information, Strategy now holds a total of 649,870 Bitcoin.
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Expanding BTC reserves despite market decline
The latest purchases come during a period of declines in the crypto market. Bitcoin has also suffered a lot in the last few days and slipped well below the $100,000 mark last week. In the current week it temporarily fell just below the $90,000 threshold. At the same time, Strategy shares also slipped on the NASDAQ and lost 10.61 percent of their value in the last five trading days. Over the course of one month, the paper even fell by 31.50 percent to 206.80 US dollars (as of the closing price on November 18, 2025).
In view of the market volatility, the negative performance of the Strategy share and internal wallet movements, according to “BTC ECHO”, rumors have recently been circulating in the industry that Strategy could sell some of its Bitcoin. However, Michael Saylor clearly rejected these speculations in an interview with “CNBC” in mid-November and emphasized that the company was buying “quite a lot.” Investors are likely to be pleasantly surprised at “how much we have bought,” continued Saylor, who was probably alluding to the recent Bitcoin purchases that have now been published.
In fact, current data shows that Strategy is not only staying in the market, but is continuing to accumulate aggressively. Apparently, Saylor sees the current price decline as a promising entry opportunity and continues to believe in the long-term potential of Bitcoin. According to Coindesk, Strategy once again financed the purchase by issuing preferred shares. This funding model allows Strategy to build large Bitcoin positions without immediately diluting common shares.
Will Bitcoin purchases become too much of a financial burden?
But Strategy’s aggressive Bitcoin accumulation model also has its downsides: the Bitcoin treasury company is increasingly burdening itself with financial obligations. Most recently, Strategy reported annual obligations of $689 million, primarily due to interest and dividend payouts on its preferred shares as well as operating costs, according to Benzinga. Critics warn that this model could come under long-term pressure if new purchases continue to be financed in this way.
Editorial team finanzen.net