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397 BTC added to treasury
According to the strategy 8-K presentation With the US Securities and Exchange Commission (SEC), Strategy acquired 397 BTC at an average price of $114,771 per coin.
Strategy co-founder and CEO Michael Saylor once again bothered Monday’s acquisition announcement, which was posted by the company’s acquisition tracker on Sunday with the caption “Orange is the color of November.”
The Tysons, Virginia-based company now owns approximately 641,205 Bitcoin worth $68.6 billion. For perspective, the reserve represents more than 3% of the total 21 million Bitcoin supply. Since Strategy acquired the entire fund for $47.49 billion, the Nasdaq-listed company has approximately $21.1 billion in unrealized gains.
Strategy began buying Bitcoin in August 2020 as a way to generate better returns for its shareholders as inflation rocked the US and global economies during the pandemic.
It remains the largest corporate holder of Bitcoin in the world and is primarily focused on securitizing the asset. Investors can buy its shares to gain exposure to BTC without the hassle of buying and storing digital currencies.
The previous week, Strategy spent $43.3 million on Bitcoin, bringing its October total to 778 BTC, marking one of the smallest monthly purchases in recent years. In comparison, Strategy earned 3,526 BTC in September alone, about 78% more than October’s haul.
Bitcoin resurgence depends on strong institutional demand
According to industry observers, the slowdown in Bitcoin purchases is likely to affect the price of the leading cryptocurrency. The US-listed spot Bitcoin exchange-traded funds (ETFs) and strategy have been the main drivers of demand throughout 2025, noted CryptoQuant’s Ki Young Ju.
Young Ju believes that the BTC price will not regain its current all-time highs until these entities resume massive accumulations.
“Demand is now mainly driven by ETFs and MicroStrategy, both of which have been slowing their buying recently. If these two channels recover, market momentum is likely to return,” he said. wrote in a Sunday post on Platform X.
Bitcoin was trading at $107,322 at press time, representing a drop of 2.6% on the day. according to CoinGecko data.
