Strategy, formerly known as MicroStrategy, has continued its pattern of weekly Bitcoin acquisitions, despite recent dips in both Bitcoin’s value and the company’s stock (MSTR). Michael Saylor, the company’s co-founder, has previously indicated that the firm intends to persistently increase its BTC holdings, potentially at the cost of its share performance.
Strategy Adds 196 BTC to Holdings for $22 Million
According to a company announcement, Strategy purchased 196 Bitcoins for $22.1 million, resulting in an average purchase price of $113,048 per Bitcoin. Their total holdings now amount to 640,031 BTC, acquired at a total cost of $47.35 billion, with an average price of $73,983 per Bitcoin.
Michael Saylor provided a subtle clue about the purchase in his usual Sunday post on X. This time, he simply stated, “Always ₿e Stacking,” suggesting that the company had added more BTC to its portfolio during the past week and possibly alluding to ongoing purchase plans, irrespective of the current market volatility.
Always ₿e Stacking pic.twitter.com/XMT5rA0DYL
— Michael Saylor (@saylor) September 28, 2025
Notably, this marks the ninth consecutive week that Strategy has augmented its Bitcoin holdings. These recent acquisitions have occurred even as Bitcoin’s price and MSTR stock experienced downward pressure. The purchases have also been made amid controversy surrounding the company seemingly backtracking on prior statements regarding selling common stock to finance BTC purchases when the market value of net assets is at current levels.
These purchases come as MSTR has given back nearly all of its year-to-date gains, and currently shows a YTD gain of only around 2%. The stock had peaked near $455 earlier in the year but has since settled to a trading range just above $300.
As previously reported, the price of Strategy stock declined below $300 the previous week, mirroring Bitcoin’s slide to approximately $108,000. However, the stock has since recovered in tandem with BTC, closing out the previous week around $309.
Currently, data from TradingView indicates that MSTR stock has risen almost 2% from last week’s close. The stock is presently trading around $314, with these gains coinciding with Bitcoin’s breakthrough above the $112,000 mark today.
