Michael Saylor’s Strategy Buys 8,178 Bitcoin, BTC Reversal Soon?

Michael Saylor has kept his word, making yet another massive Bitcoin BTC $94 027 24h volatility: 1.4% Market cap: $1.88 T Vol. 24h: $87.85 B purchase of 8,178 BTC, adding it to the Strategy (NASDAQ: MSTR) portfolio.

His purchase comes despite sharp volatility in BTC, which is currently trading around $93,500.

The MSTR stock price has meanwhile slipped, falling 2.28 percent in Monday’s pre-market trading.

Strategy Adds 8,178 BTC to Treasury, Says Michael Saylor

Strategy executive chairman Michael Saylor announced that the company has purchased an additional 8,178 BTC for roughly $835.6 million.

This latest acquisition came at an average price of about $102,171 per Bitcoin.

The firm’s Bitcoin strategy has generated a year-to-date yield of 27.8% in 2025, as per the filing with the U.S. Securities and Exchange Commission (SEC).

As of November 16, 2025, Strategy holds 649,870 BTC in its corporate treasury, accumulated at a total cost of roughly $48.37 billion, or an average of $74,433 per BTC.

This puts to rest the rumors that Michael Saylor’s Strategy has been selling BTC during the recent price correction. Saylor rejected the claims and said they are firmly “HODLing with diamond hands.”

Despite this, MSTR stock price has failed to see the upside, and has slipped further under $200. On Monday’s pre-market trading session, MSTR stock is down by another 2.28% and is currently trading at $195 levels.

Popular crypto analyst Ali Martinez noted that the MSTR stock could further drop to $120 levels if bulls fail with a strong recovery.

On the other hand, Bitcoin critic Peter Schiff called Strategy’s business model as fraud.

Will Bitcoin Recover Anytime Soon?

Bitcoin price is showing extreme fragility, extending losses to over 10% during the past week, and currently flirting with $93,500.

Crypto analyst Ted Pillows said Bitcoin remains in a Wyckoff distribution phase, signaling continued corrective pressure in the market.

According to Pillows, the $88,000-$90,000 range represents a notable support zone that could serve as a potential local bottom if selling eases.

While Michael Saylor’s Strategy remains firm on its Bitcoin purchase, big asset managers like BlackRock are selling big. BlackRock iShares Bitcoin Trust (IBIT) continues to bleed with another $450 million worth of sell-off recently.

As per on-chain data, BlackRock transferred 4,880 Bitcoin, valued at approximately $467.16 million, and 54,730 Ether ETH $3 119 24h volatility: 1.6% Market cap: $377.03 B Vol. 24h: $38.23 B worth about $175.93 million to Coinbase Prime.

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