Home Bitcoin News Michael Saylor’s Strategy Buys 168 Bitcoin as Market Stages Strong Rebound

Michael Saylor’s Strategy Buys 168 Bitcoin as Market Stages Strong Rebound

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Strategy, formerly known as MicroStrategy, has once again expanded its massive Bitcoin treasury with a fresh purchase of 168 BTC. The acquisition, led by Michael Saylor’s company, comes as the broader crypto market rebounds, with Bitcoin spearheading the recovery.

According to the company’s latest press release, Strategy purchased 168 BTC for $18.8 million between October 13 and 19, at an average price of $112,051 per Bitcoin. With this purchase, Strategy’s total holdings now stand at 640,418 BTC, acquired for approximately $47.4 billion at an average price of $74,010 per Bitcoin. The firm’s Bitcoin portfolio has yielded a 26% year-to-date (YTD) return, underscoring its continued profitability in 2025.

The company revealed that the acquisition was funded through proceeds from STRF, STRK, and STRD stock sales, which generated $11.2 million, $5.1 million, and $2.6 million, respectively. Details of the transactions were confirmed in the company’s latest SEC filing.

Michael Saylor subtly hinted at the purchase in his typical Sunday post on X (formerly Twitter), sharing Strategy’s Bitcoin tracker image with the caption:

“The most important orange dot is always the next.”

This marks Strategy’s second consecutive weekly Bitcoin accumulation following a brief pause. Just a week earlier, the company bought 220 BTC for $27.2 million, demonstrating its steady commitment to building Bitcoin reserves.

The timing of the purchase aligns with Bitcoin’s recovery rally — the cryptocurrency climbed to around $111,000, rebounding from a recent low near $104,000.

Meanwhile, Strategy’s stock (MSTR) mirrored this rebound. Data from TradingView shows MSTR trading near $303, nearly 5% higher than last week’s close of $289. However, despite the recent bounce, the stock remains up only about 1% year-to-date, down from its 2025 peak of $455 recorded earlier this year.

With this latest move, Strategy continues to solidify its position as the world’s largest corporate Bitcoin holder, maintaining a clear lead in the global digital asset treasury landscape.