Paul Johnson Michael Saylor’s Strategy continues its methodical Bitcoin accumulation, adding 168 BTC during the recent market pullback. The firm now holds 640,418 BTC, inching toward the 700,000 mark despite market volatility.
Michael Saylor’s Strategy takes a measured stride toward 700K Bitcoin
Michael Saylor’s Strategy is once again reinforcing its Bitcoin conviction, quietly tightening its grip on the world’s top cryptocurrency. The firm added another 168 BTC last week, a modest yet symbolic step on its journey toward the long-anticipated milestone of 700,000 Bitcoin. Even as the broader market struggles to regain footing after the October crash, the company’s Bitcoin accumulation strategy remains as deliberate as ever.
According to Strategy’s latest filing, the company’s total holdings now stand at 640,418 BTC, acquired for roughly $47.4 billion at an average price of $74,010 per Bitcoin. This small but consistent purchase reaffirms Michael Saylor’s enduring belief that Bitcoin will remain the superior treasury reserve asset a belief that has turned Strategy into a bellwether for institutional crypto adoption.
Slow and steady climb toward the 700K Bitcoin goal
While Strategy’s recent additions may appear modest compared to its massive acquisitions earlier this year, the company’s incremental approach paints a picture of strategic discipline. Back in April and May, Strategy averaged monthly buys of around 25,000 BTC as Bitcoin hovered near all-time highs. By contrast, the firm’s pace in recent months has slowed to roughly 5,620 BTC per month, with 7,714 BTC acquired in August and 3,526 BTC in September.
If that trend continues, Strategy could hit the 700,000 Bitcoin target within the next 11 months. This pace aligns with Michael Saylor’s repeated emphasis on accumulation through market volatility rather than timing price peaks. By leveraging dips to acquire more Bitcoin, the company continues to average down its acquisition cost and strengthen its balance sheet with a scarce digital asset.
The most recent purchase was executed at an average price of $112,051 per Bitcoin, just days before BTC briefly fell below $104,000 following the October 10 flash crash. Despite the turbulence, the move highlights Strategy’s resilience in staying the course even when the market sentiment wavers.
MSTR stock wobbles but long-term vision stays intact
Strategy’s ongoing Bitcoin accumulation comes as its Common A stock (MSTR) faces renewed pressure in the equity markets. TradingView data shows MSTR slipping below $284 last week, marking a 21 percent drop since October 5 and bringing it to levels not seen since April 2025.
However, that pullback has not shaken investor confidence in the firm’s long-term direction. MSTR remains up more than 50 percent year-over-year, with a staggering 1,650 percent gain over the past five years. For Saylor and his shareholders, short-term price corrections appear to be just noise in a larger narrative one that continues to be anchored by Bitcoin’s long-term scarcity and growing institutional relevance.
The company’s stock fluctuations mirror Bitcoin’s volatility but also illustrate the strong correlation between digital asset performance and corporate treasury exposure. For many market observers, Strategy’s ability to maintain growth and visibility through multiple Bitcoin cycles has solidified its reputation as the “corporate Bitcoin standard.”
Bitcoin treasuries gain momentum beyond Strategy
While Strategy remains the dominant corporate Bitcoin holder, its influence has inspired a growing wave of institutional adoption across global markets. Japanese hospitality firm Metaplanet is one of the most notable examples, having amassed 30,823 BTC by the end of September 2024. The company’s aggressive Bitcoin treasury strategy briefly pushed the value of its Bitcoin holdings above its total enterprise value, underscoring the impact that a crypto-centric balance sheet can have on market perception.
However, Metaplanet’s recent decline in its market-to-Bitcoin NAV ratio dropping from 0.99 to 0.9 last week shows the potential risks of high Bitcoin exposure in volatile markets. Despite these fluctuations, the trend toward corporate Bitcoin accumulation remains firmly intact.
Strategy’s consistency continues to set the benchmark for others, proving that a disciplined and transparent accumulation plan can weather even the most turbulent phases of the crypto market.
Outlook: Strategy’s conviction remains unshaken
With 59,582 BTC remaining to reach its symbolic 700,000 milestone, Michael Saylor’s Strategy shows no signs of slowing down. Each purchase, no matter how small, signals a broader message to both investors and institutions that Bitcoin’s long-term trajectory outweighs its short-term volatility.
As the market recalibrates from recent price shocks, Strategy’s unwavering faith in Bitcoin stands as both a hedge against inflation and a vote of confidence in decentralized value storage. For Saylor, the path to 700,000 Bitcoin is not just a numerical goal but a testament to a corporate philosophy built around conviction, patience, and digital asset dominance.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.
