Key Insights:
- Strategy acquired 390 BTC for $43.4 million, as market expected a push for both MSTR stock and BTC price.
- MSTR stock price jumped around 3%, Bitcoin price saw a 5% recovery.
- Strategy sits on nearly $26.50 billion in unrealized gains.
- Bitcoin price jump to $115K has supported the stock price rebound.
The largest corporate Bitcoin treasury Strategy on Monday said it has acquired an additional 390 BTC for $43.4 million. Executive chairman Michael Saylor revealed a total Bitcoin holdings of 640,808 BTC after the latest purchase.
As a result, MSTR stock price jumped more than 3% amid Bitcoin price recovery more than 5% to above $115K after lower-than-expected US CPI inflation.
Michael Saylor’s Strategy Boosts Bitcoin Holdings to 640,808 BTC
According to a press release on October 27, Strategy purchased 390 BTC at $111,053 per coin between October 20 and 26. BTC purchases were made using proceeds from the STRF, STRK, and STRD shares at-the-market (ATM) offerings.
Executive chairman Michael Saylor reflected on the latest Bitcoin purchase worth $43.4 million as BTC buying amount slows this month. The company has achieved the BTC Yield of 26% year-to-date (YTD) 2025.
With the latest Bitcoin purchase, Strategy has raised its total Bitcoin holdings to 640,808 BTC. These were acquired for $47.44 billion at $74,032 per coin.
Last week, Michael Saylor’s Strategy acquired 168 BTC for $18.82 million at an average of $112,051 per coin.
Strategy now sits on nearly $26.50 billion in unrealized gains, slipping as BTC fell. However, the company’s holdings are valued at $73.82 billion as compared to its total investment of $47.44 billion.
MSTR Stock Jumps More Than 3%
At the time of writing, MSTR stock climbed more than 3% to $296.30 in pre-market trading hours. This signals renewed buying interest among investors despite uncertainty.
MSTR stock closed 1.25% higher at $289.08 on Friday. The stock has erased most gains after the crypto market crash this month, with the YTD 2025 return of nearly 4%.
Michael Saylor’s Strategy also faced issues as the S&P 500 Committee decided not to include it under the index. Also, JPMorgan raised red flags on Strategy and crypto treasury companies, despite holding $808 million in MSTR shares, as The Coin Republic reported earlier.
However, analysts remain confident on MSTR stock performance in the coming months. TD Cowen reiterated its ‘buy’ rating for a stock price target of $640 and Mark Palmer from Benchmark retained a price target of $705.
Bitcoin Price Holds Near $115K
BTC USD price erased earlier gains in the past 24 hours, with the price trading at $114,976 at the time of writing. The 24-hour low and high are $113,015 and $116,273, respectively.
Furthermore, the trading volume has increased massively by 91% in the last 24 hours, indicating massive interest among traders.
CoinGlass data showed selling in the derivatives market. At the time of writing, the total BTC futures open interest jumped 1% to $75.73 billion in the last 24 hours.
BTC futures OI on CME jumped more than 1.50% but fell 1.30% on Binance. This signals mixed sentiment among derivatives traders as whales, including James Wynn, opened short positions.
With institutional investment paving the way for BTC price’s strong long term narrative, it’ll be interesting to see how Bitcoin looks as year-end approaches.