Michael Saylor Buys 1,229 BTC as Bitcoin Heads Toward 2025 Decline

Michael Saylor’s Strategy buys 1,229 BTC for $108.8M as Bitcoin drops 7% YTD and MSTR stock falls 47% in 2025.

Michael Saylor’s Strategy, formerly known as MicroStrategy, has added 1,229 Bitcoin to its holdings between December 22 and December 28.

The purchase comes as Bitcoin’s price trends downward into year-end 2025, raising questions about the company’s timing and future outlook.

Strategy Adds 1,229 BTC During Market Downturn

Strategy confirmed the acquisition of 1,229 BTC at an average price of $88,568 per Bitcoin.

The total purchase value was $108.8 million, according to a filing with the U.S. Securities and Exchange Commission (SEC).

The filing revealed that the company funded this transaction through the sale of 663,450 shares of its stock, generating net proceeds equal to the amount spent on the Bitcoin purchase.

This move brings Strategy’s total Bitcoin holdings to 672,497 BTC, acquired for $50.44 billion at an average price of $74,997 per coin.

Strategy had paused purchases the previous week and increased its USD reserves to $2.19 billion.

This marked a brief break from its steady buying trend. However, the new BTC acquisition reaffirms its continued long-term Bitcoin strategy, despite recent price volatility in the market.

Bitcoin and MSTR Record Year-to-Date Losses

Bitcoin is currently on track to close 2025 with a year-to-date decline of almost 7%. Though the price briefly recovered above $90,000, it later dropped back to around $87,000, losing recent gains.

Bitcoin’s current performance has reduced its earlier 2025 profit margin. Historical data shows the asset has not recorded two consecutive years of losses.

As a result, some traders are watching early 2026 for signs of a possible price recovery.

Meanwhile, Strategy’s stock (MSTR) is also under pressure. Trading data shows that MSTR has dropped 47% year-to-date, falling from a high of around $455 to about $158.

The stock price remained flat following news of the latest BTC purchase.

Related Reading: Michael Saylor’s Tactics Lead to Nasdaq 100 Inclusion as MSCI Debate Grows

Strategy’s Bitcoin Holdings and Public Response

This latest purchase is part of a larger buying trend in December. Earlier this month, Strategy bought 10,624 BTC for $962.7 million and another 14,620 BTC for $980 million.

These were among its largest acquisitions in recent years.

Michael Saylor has continued to signal strong confidence in Bitcoin, frequently posting references to his Bitcoin strategy on social platform X.

On Sunday, he posted “Back to Orange,” which some interpreted as a hint of another upcoming purchase.

Back to Orange. pic.twitter.com/J3lnpOObER

— Michael Saylor (@saylor) December 28, 2025

Peter Schiff, a known critic of Bitcoin, responded to the news with skepticism. He stated that after five years of Bitcoin purchases at an average price of $75,000, the company’s returns remain limited.

Strategy has been buying Bitcoin for five years. With an average cost of $75K, the company has a “paper profit” of just 16%. That’s an average annual return of just over 3%. $MSTR would have been much better off had @Saylor bought just about any other asset instead of Bitcoin.

— Peter Schiff (@PeterSchiff) December 29, 2025

 “They’d have done better with almost any other asset,” Schiff commented in a recent X post.