Key Insights:
- MicroStrategy acquired 397 BTC for $45.6 million, amid market expectations for both MSTR stock and BTC price.
- MSTR stock price fell 2% to $263.86 amid crash concerns.
- Bitcoin price slipped below $108K due to the U.S. Supreme Court’s decision on Trump tariffs this week.
The largest corporate Bitcoin treasury, MicroStrategy, now Strategy, on Monday said it has acquired an additional 397 BTC for $45.6 million. With the latest purchase, Strategy has boosted its total Bitcoin holdings to 641,205 BTC.
However, MSTR stock price fell more than 2% on Monday. This happens as Bitcoin price tumbled below $108K again amid renewed crypto market crash concerns.
Michael Saylor’s MicroStrategy Expands Bitcoin Holdings to 641,205 BTC
According to a press release on November 3, Strategy (previously MicroStrategy) purchased 397 BTC at $114,771 per coin between October 27 and November 2.
Bitcoins were purchased using proceeds from the MSTR, STRK, and STRD shares at-the-market (ATM) offerings.
Executive chairman Michael Saylor took to X to reach out to the wider crypto community and shareholders about the latest Bitcoin purchase despite concerns about BTC outlook.
Saylor added that the company achieved the BTC Yield of 26.1% year-to-date (YTD) 2025.
With the latest Bitcoin purchase, Strategy has raised its total Bitcoin holdings to 641,205 BTC. These were acquired for $47.49 billion at $74,047 per coin.
Last week, Michael Saylor’s Strategy acquired 390 BTC for $43.4 million at an average of $111,053 per coin.
Strategy now sits on nearly $21.8 billion in unrealized gains, dropping almost $5 billion in a week. However, the company’s holdings are valued at $69.29 billion as compared to its total investment of $47.49 billion.
MicroStrategy (MSTR) Stock Falls 2% Amid Weakness
At the time of writing, MSTR stock plunged more than 2% to $263.86 in pre-market trading hours on Monday. This signals that investors are losing interest in the stock gradually.
MSTR stock closed 5.87% higher at $269.51 on Friday. The MicroStrategy stock performance continues to drop amid the crypto market crash last month, with the YTD 2025 return becoming negative at 7%.
As The Coin Republic reported, the company reported $8.42 earnings per diluted share in Q3, above Wall Street’s estimate of $8.15. Also, Strategy reported $2.8 billion profit in the quarter, marking a sharp turnaround from the $340.2 million loss it posted a year earlier
Bitcoin Price Slumps Under $108K
BTC price fell below $108K in the past 24 hours, erasing weekend gains despite the latest bet from MicroStrategy. BTC price was trading at $107,940 at the time of writing, with a 24-hour low and high of $107,010 and $110,764, respectively.
Furthermore, the trading volume has increased by 45% in the last 24 hours, indicating interest among traders. Investors now await the U.S. Supreme Court’s decision on Trump tariffs this week.
CoinGlass data also showed buying sentiment in the derivatives market. At the time of writing, the total BTC futures open interest jumped 1% to $71.21 billion in the last 24 hours.
However, BTC futures OI on CME were down more than 2% and 1.30% on CME and Binance. This signals that traders are cautious as whales continue to liquidate holdings.