Saylor shares Strategy Bitcoin chart showing 849,327 BTC after sell-off
Michael Saylor posted a chart of Strategy's 849,327 BTC holdings, valued at $64.4bn, days after the company disclosed an 811 BTC purchase and a $208m preferred-stock buyback.
Key points
- The chart lists 120 purchase events since August 2020 at an average cost of $75,446 per Bitcoin.
- Strategy's latest disclosed purchase was 811 BTC for about $65.5m, at an average of $80,846 per coin.
- Strategy repurchased $208m of its STRC preferred stock in the same week as that purchase.
Michael Saylor, founder and executive chairman of Strategy, shared a Bitcoin acquisition chart on X on 8 Nov showing 849,327 BTC valued at $64.4bn, according to Bitcoin.com News. The balance matched the holdings the company had disclosed the previous week. The post followed a sharp market sell-off and revisited Strategy's buying history alongside its preferred-stock buybacks and cash reserves.
Strategy's 2 Nov filing gave a companywide average of $75,451 including fees. The latest disclosed purchase, covering 26 Oct-1 Nov, added 811 BTC for about $65.5m at an average of $80,846. Common-stock sales raised $164m in net proceeds that week: $65.5m funded the coins and $98.5m went to cash.
Dollar assets totalled about $4.92bn as of 1 Nov, including a $4.79bn reserve and $133m in separate cash. The larger coin balance also means greater exposure to price swings: each $1,000 move changes the holdings' value by roughly $849m.
Saylor has posted similar charts before weeks without purchases, including on 26 July, when Strategy disclosed STRC repurchases and a reserve increase instead. On 5 Nov he noted STRC closed at $99.56, just below its $100 stated amount, after returning to that level on 4 Nov. Its initial offering closed in July 2025, raising about $2.52bn before expenses and funding 21,021 BTC.
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