Billionaire Michael Saylor’s Strategy Keeps Buying Bitcoin — Adds 397 BTC for $45.6M

Strategy, the software-intelligence company led by billionaire executive chairman Michael Saylor, has once again expanded its Bitcoin ￰1￱ to a company filing dated November 3, Strategy purchased 397 BTC between October 27 and November 2 for a total of $45.6 million in cash, paying an average price of $114,771 per ￰2￱ has acquired 397 BTC for ~$45.6 million at ~$114,771 per bitcoin and has achieved BTC Yield of 26.1% YTD ￰3￱ of 11/2/2025, we hodl 641,205 $BTC acquired for ~$47.49 billion at ~$74,057 per bitcoin. $MSTR $STRC $STRK $STRF $STRD ￰0￱ — Strategy (@Strategy) November 3, 2025 The acquisition brings the company’s total Bitcoin stash to 641,205 BTC, accumulated at an average purchase price of $74,057 per BTC, representing a combined investment of $47.49 ￰4￱ said the new bitcoins were acquired using proceeds from its active at-the-market (ATM) equity programs, a mechanism the company has relied on throughout 2025 to finance continuous Bitcoin ￰5￱ the Bitcoin Buys The filing shows Strategy raised approximately $69.5 million in net proceeds during the one-week period across several preferred- and common-stock ￰6￱ include proceeds generated through the sale of Series A perpetual preferred stock and class A common ￰7￱ company continues to hold more than $46 billion in available capacity under its ATM programs, giving it flexibility to keep raising capital for future ￰8￱ document details that $8.4 million came from the sale of STRF shares, $4.4 million from STRK shares, $2.3 million from STRD shares, and $54.4 million from MSTR common ￰9￱ from all these programs were directed specifically toward Bitcoin acquisitions, underscoring Saylor’s focus on converting equity capital into what he views as the world’s most reliable store of value.

Long-Term Conviction Since adopting Bitcoin as its primary treasury reserve asset in 2020, Strategy has remained one of the most aggressive corporate buyers in the market. Saylor’s thesis is that Bitcoin functions as a digital form of gold—an appreciating monetary network that preserves value across time better than cash or ￰10￱ strategy has faced skepticism during bear-market drawdowns but has delivered large unrealized gains during price rallies. Strategy’s holdings now exceed those of any other publicly listed company and most sovereign ￰11￱ current market prices, the firm’s Bitcoin reserve is valued at roughly $45 billion, cementing its position as the largest corporate holder of the ￰12￱ Signs of Slowing The company’s steady rhythm of weekly purchases demonstrates Saylor’s unwavering commitment to Bitcoin accumulation regardless of market ￰13￱ has frequently stated that every dollar raised will ultimately be converted into ￰14￱ substantial ATM capacity remaining and Bitcoin trading near record highs, Strategy shows no indication of easing its buying ￰15￱ the company maintains this pace, its Bitcoin holdings could soon surpass 650,000 BTC, further solidifying its status as the most influential corporate participant in the Bitcoin ecosystem.