{"id":5490,"date":"2025-11-17T15:16:41","date_gmt":"2025-11-17T15:16:41","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/11\/17\/bitcoin-price-trades-near-93000-as-strategy-mstr-adds-8178-btc-in-largest-purchase-since-july\/"},"modified":"2025-11-17T15:16:41","modified_gmt":"2025-11-17T15:16:41","slug":"bitcoin-price-trades-near-93000-as-strategy-mstr-adds-8178-btc-in-largest-purchase-since-july","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/11\/17\/bitcoin-price-trades-near-93000-as-strategy-mstr-adds-8178-btc-in-largest-purchase-since-july\/","title":{"rendered":"Bitcoin Price Trades Near $93,000 as Strategy (MSTR) Adds 8,178 BTC in Largest Purchase Since July"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Trades Near $93,000 as Strategy (MSTR) Adds 8,178 BTC in Largest Purchase Since July<\/a><\/p>\n

<\/div>\n

Bitcoin price traded around $93,000 on Monday after Strategy disclosed it acquired 8,178 BTC for approximately $835.6 million over the past week, its largest buy since mid-summer.<\/p>\n

According to an SEC filing<\/a> and a Michael Saylor post on X, the purchases were made at an average price of $102,171 per bitcoin. The company now holds 649,870 BTC acquired for roughly $48.37 billion at an average cost of $74,433 per coin. Strategy said its bitcoin yield has reached 27.8% year-to-date.<\/p>\n

At the time of the announcement, Bitcoin was trading near $94,000 and Strategy\u2019s stock ($MSTR) was trading down 2% at $195.86 in premarket trading.\u00a0<\/p>\n

The acquisition was funded primarily through preferred stock issuance. The company raised about $715 million earlier this month through its new euro-denominated preferred series, STRE (\u201cSteam\u201d), which expanded its high-yield offerings to European investors.<\/p>\n

It also generated another $131.4 million from sales of its STRC (\u201cStretch\u201d) preferred shares, according to Monday\u2019s filing.<\/p>\n

The move marks a return to large-scale accumulation<\/a> by Strategy. Strategy\u2019s recent bitcoin purchases had been smaller and more incremental amid a sharp drop in the company\u2019s stock price.\u00a0<\/p>\n

MSTR shares have fallen roughly<\/a> 56% over the past four months, reducing the firm\u2019s ability to issue common stock without diluting existing shareholders.\u00a0<\/p>\n

\n

BREAKING: STRATEGY BUYS ANOTHER 8,178 #BITCOIN<\/a> FOR $835.6 MILLION pic.twitter.com\/d6WW2RNKBM<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) November 17, 2025<\/a>\n<\/p><\/div>\n

At Monday\u2019s ~$199 share price, Strategy\u2019s enterprise value now sits only slightly above the value of its bitcoin reserves.<\/p>\n

Bitcoin traded at $94,500 Monday morning, little changed from Friday. The latest purchase suggests Michael Saylor is doubling down on the firm\u2019s bitcoin-as-treasury model despite the recent market decline.\u00a0<\/p>\n

Strategy\u2019s \u2018zoom out\u2019 fundamentals\u00a0<\/strong><\/h2>\n

Bitcoin has dropped nearly 30% from its early-October highs<\/a>, challenging assumptions that increased institutional participation and regulatory clarity would stabilize prices.<\/p>\n

Strategy has increasingly turned to preferred stock as its mNAV premium compressed. Last week, the company closed a \u20ac620 million ($716.8 million) euro-denominated perpetual preferred offering, doubling its original size. The 10% Series A \u201cStream\u201d preferred raised $703.9 million in net proceeds after fees.<\/p>\n

Michael Saylor moved<\/a> quickly last Friday to shut down rumors that Strategy was selling its bitcoin holdings, calling the reports \u201cfalse\u201d and reaffirming that the company is aggressively buying.<\/p>\n

In an interview with CNBC, the Executive Chairman said, \u201cWe are buying bitcoin,\u201d adding that Strategy is \u201caccelerating [its] purchases\u201d and will disclose new activity on Monday. He hinted that investors may be \u201cpleasantly surprised\u201d by what the company has done in recent days.<\/p>\n

Saylor dismissed concerns that outflows from company wallets signaled liquidation, emphasizing that \u201cthere is no truth to this rumor.\u201d He urged investors to \u201czoom out,\u201d arguing that the company remains fundamentally strong despite volatility. He said Strategy has built a \u201cstrong base of support\u201d and expressed confidence in the firm\u2019s positioning.<\/p>\n

Saylor also stressed that Strategy\u2019s balance sheet is \u201cpretty stable\u201d and only lightly leveraged, with no near-term debt pressure. He reiterated his belief that bitcoin is \u201calways a good investment\u201d for those with a multi-year horizon, contrasting long-term \u201cdigital capital\u201d accumulation with short-term trading strategies.<\/p>\n

Earlier this year, Saylor outlined a plan to build<\/a> a trillion-dollar Bitcoin-backed balance sheet and eventually issue over-collateralized credit products.<\/p>\n

In a conversation with Bitcoin Magazine<\/em>, Strategy co-founder Michael Saylor outlined an ambitious \u201cendgame\u201d: amassing a trillion-dollar bitcoin balance sheet and using it to help reinvent global credit. <\/p>\n

Saylor said the goal is to reach $1 trillion in BTC and compound it 20\u201330% annually, leveraging Bitcoin\u2019s long-term appreciation. At a scale of that magnitude, he believes Strategy \u2014 and similar future treasury firms \u2014 could use their holdings to issue bitcoin-backed credit with yields far better than those in the fiat system.<\/p>\n

Over the weekend, Bitcoin was trading below $92,000 at times, according to Bitcoin Magazine Pro data. <\/p>\n

This post Bitcoin Price Trades Near $93,000 as Strategy (MSTR) Adds 8,178 BTC in Largest Purchase Since July<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Trades Near $93,000 as Strategy (MSTR) Adds 8,178 BTC in Largest Purchase Since July Bitcoin price traded around $93,000 on Monday after Strategy disclosed it acquired 8,178 BTC for approximately $835.6 million over the past week, its largest buy since mid-summer. According to an SEC filing and a Michael Saylor post […]<\/p>\n","protected":false},"author":0,"featured_media":5491,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5490","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5490"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5490\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5491"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}