Strategy has added 397 Bitcoin for $45.6M at an average of $114,771, expanding its holdings to 641,205 BTC. The purchase was funded through $69.5M equity offerings during Bitcoin’s dip below $107K. The year-to-date Bitcoin yield for Strategy hits 26.1%, reflecting confidence in long-term value.
The bold move continues to solidify Strategy's reputation as a Bitcoin powerhouse. Led by Michael Saylor, Strategy has acquired 397 more Bitcoin for approximately $45.6 million at an average price of $114,771. The purchase, revealed by Arkham, brings the company’s total holdings to an impressive 641,205 BTC, valued at over $69.17 billion.
This latest acquisition, funded through $69.5 million in equity offerings, comes as Bitcoin prices dipped below $107,000. This showcases Saylor’s unwavering confidence in the cryptocurrency’s long-term value. The move has sparked widespread discussion across the crypto community, with many viewing it as a strategic buy-the-dip opportunity.
Funding Strategy Through Equity Offerings amid Dip
The visualization from Arkham Intelligence highlights the intricate network of transactions, with a central cluster representing Strategy’s growing Bitcoin treasury. This graphic underscores the company’s aggressive accumulation strategy, which has seen it amass nearly 3% of Bitcoin’s total supply since Saylor pivoted the firm toward digital assets in 2020.
MICHAEL SAYLOR IS BUYING $BTC
— Arkham (@arkham) November 3, 2025
Strategy just bought $45.6M of Bitcoin at an average price of $114,771.
Strategy now holds over $69.17B of $BTC. pic.twitter.com/EdhmKlEDDS
Despite questions from users about the price discrepancy—given Bitcoin’s current trading range—clarifications suggest the purchase reflects an average price from earlier transactions between October 27 and November 2, 2025. This aligns with Strategy’s year-to-date Bitcoin yield of 26.1%, a testament to its high-stakes bet on the asset.
Overall Impact and Institutional Market Influence
Critics and supporters alike are weighing in, with some questioning the use of equity dilution to fund the buys, while others praise Saylor’s vision of turning Strategy into a “Bitcoin Treasury Company.” As Bitcoin’s price volatility persists, all eyes are on whether this latest move will pay off, potentially influencing other corporate players to follow suit. For now, Saylor’s strategy remains a polarizing yet pivotal force in the crypto landscape.