Key Highlights
- Strategy purchased 487 BTC for approximately $49.9 million, with the average purchase price of $102,557 per bitcoin.
- The firm’s total Bitcoin holdings have reached 641,692 $BTC, acquired for a total of $47.54 billion, while the overall average cost basis remains low at $74,079 per bitcoin.
- Michael Saylor reported that the firm achieved a BTC yield of 26.1% YTD 2025.
Strategy, founded by Michael Saylor, announced its latest Bitcoin (BTC) acquisition on November 10, confirming the purchase of an additional 487 BTC for approximately $49.9 million, with the average price at $102,557 per BTC.
The announcement was made through a post on X, with Saylor confirming that Strategy now holds 641,692 $BTC, acquired for $47.54 billion at $74,079 per bitcoin.
The company is now routinely purchasing Bitcoin above the $100,000 mark. The transaction was swiftly disclosed via both Saylor’s public announcement and an official Form 8-K filing with the SEC, maintaining the firm’s standard of transparency for its acquisition program.
Saylor also reported that the company achieved a BTC yield of 26.1% YTD 2025. This figure shows the returns generated through its strategy throughout the year.
Strategy’s purchase history
The recent purchase is the latest in a stream of acquisitions. Just before this announcement, Strategy had executed other purchases where, between October 27 and November 2, the firm acquired 397 BTC for $45.6 million, at the average price of $114,771 per BTC. As of November 2, 2025, the total holding stood at 641,205 BTC, with an average cost of $74,057.
The latest acquisition shows the firm’s early and consistent buying approach, which began in 2020. Despite paying a premium for the most recent coins at over $102,000, the firm’s long-term average remains substantially lower, ensuring that the vast majority of its holdings retain unrealized gains. Strategy has effectively executed one of the most successful corporate balance sheet transformations in history, consistently accumulating assets through various market cycles.
Saylor’s broader strategy
Michael Saylor’s strategy is a financial pivot to treat Bitcoin as the superior treasury reserve asset. He has long argued that traditional fiat currencies and short-term debt instruments rapidly lose value due to inflation and monetary expansion.
The success of this treasury approach was evident in the firm’s recent financial reporting. Strategy posted a $2.8 billion profit in Q3 2025, driven largely by the appreciation of its Bitcoin assets.
Saylor’s strategy views Bitcoin as the superior treasury reserve asset that can outperform traditional assets like the S&P 500 over the long term. His argument centers on Bitcoin’s role as a non-sovereign digital hard asset and a future digital scarcity standard.
The company’s increasing total holding, i.e., 641,000 BTC, highlights its mission as one of perpetual accumulation, regardless of short-term price volatility.
Also Read: Strategy Inc. to Raise $715M to Increase Bitcoin Holdings
