- Bitcoin’s price crashes to $90,900 alongside US political uncertainty, which is a 35% drop from its $126,100 all-time high.
- Strategy’s Michael Saylor announced the purchase of 8,178 BTC for $835.6 million during this volatile downturn.
- The move strengthens market conviction, reducing liquidation fears around Strategy’s leveraged positions.
Bitcoin price fell as low as $92,900 on Monday, November 17, 2025, after the 43-day government shutdown, U.S. political uncertainty dragged risk assets lower ahead of a consequential congressional vote set for Tuesday.
With Bitcoin price now trading around $90,000, traders have priced elevated governance risk and liquidity thinning across majors, after BTC retreated 35% from its recent $126,100 all-time high.
Saylor Doubles Down, Buys $835.6M in BTC Despite Sell-Off
Despite the sell-off, Strategy CEO Michael Saylor doubled down once again. On Monday, the firm disclosed a fresh accumulation of 8,178 BTC for approximately $835.6 million at an average price of $102,171, extending its position into the year’s most volatile downturn. According to Saylor, Strategy has achieved a 27.8% BTC yield YTD and now holds 649,870 BTC, acquired for roughly $48.37 billion at an average price of $74,433 per coin.
Anticipation of this move surfaced late last week. Saylor teased the acquisition with a cryptic message to his 1.5 million followers on Friday, hinting that Strategy had purchased BTC every day of the week, signaling persistent conviction as Bitcoin traded under political pressure. In an interview with CNBC, he drew parallels to previous cycles where BTC experienced violent corrections before mounting sharp rebounds.
The latest $835 million inflow also disrupts speculation that Strategy could face liquidation pressures tied to its leveraged stock-offering dividend structures.
What This Means for BTC Price: $90K Support vs. $102K Resistance
In the near term, Bitcoin price must reclaim $98,500 and $102,000 levels to neutralize bearish momentum. Failure to do so leaves price vulnerable to a retest of $90,000 and potentially $83,000.
It remains to be seen whether Saylor’s aggressive buy-the-dip activity invites other savvy whale investors.
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Source: https://coinedition.com/saylor-buys-835-6m-bitcoin-dip-as-political-risk-sinks-price-to-90k/
