Synopsis: Michael Saylor’s Strategy purchased 10,624 Bitcoins for $962 million, expanding total holdings past 660,000 BTC despite 51% stock decline while promoting Bitcoin as digital capital.
Michael Saylor’s Strategy just made headlines again. The company purchased 10,624 Bitcoins worth $962.7 million last week. This bold move pushes their total holdings past 660,000 BTC. Despite a challenging year for its stock, Strategy continues betting big on digital gold. The purchase comes as Michael Saylor pitches Bitcoin as “digital capital” to global investors. At the same time, the company sits on billions in unrealized gains from its crypto bet.
Fresh Billion-Dollar Bitcoin Bet
Strategy chairman Michael Saylor revealed the latest purchase on X. The company bought 10,624 Bitcoins at $90,615 per coin between December 1-7. This acquisition brings Strategy’s total holdings to 660,624 BTC. The company spent about $49.35 billion acquiring this massive treasure chest. Their average purchase price stands at $74,696 per Bitcoin.
However, Strategy’s stock faces tough times. Shares recently traded around $178.99, plummeting 51% over the past year. The steep decline contrasts sharply with the company’s growing Bitcoin stash. Nevertheless, Strategy holds firm to its cryptocurrency strategy.
Despite falling stock prices, the company enjoys substantial unrealized profits. BitcoinTreasuries.NET reports Strategy’s current holdings are worth approximately $60 billion. This valuation exceeds their total investment by more than 22%. The gains demonstrate Bitcoin’s strong performance since Strategy began accumulating.
Saylor Pitches Bitcoin as “Digital Capital” to Wealth Funds
Michael Saylor took his Bitcoin message to Abu Dhabi on Monday. Speaking at the Bitcoin MENA event, he outlined meetings with sovereign wealth funds. He also discussed Bitcoin with bank executives and family office managers. His pitch focused on redefining Bitcoin’s role in modern finance.
“We now have digital capital. Bitcoin is digital capital. It’s digital gold,” Saylor explained. He introduced a new concept called “digital credit” to investors. This asset class strips volatility from Bitcoin while providing steady yields. Digital credit builds on Bitcoin’s foundation to create income-generating opportunities.
Saylor believes this combination creates powerful financial tools. Banks and sovereign funds can now offer yield-bearing products backed by Bitcoin. Furthermore, family offices gain access to stable returns without traditional volatility concerns. The chairman positions Bitcoin as the base layer for future financial systems.
Strategy Remains Committed Despite Market Doubts
Strategy’s leadership refuses to abandon their Bitcoin strategy. Saylor recently declared on social media they “won’t back down” from their bet. The company also raised $1.44 billion to address market concerns. CEO Phong Le addressed fears about debt servicing capabilities directly.
Critics questioned whether Strategy could meet obligations if stock prices fell further. “There was FUD that we wouldn’t be able to meet our dividend obligations,” Le stated. This uncertainty pushed some investors toward short positions against Bitcoin. Nevertheless, the fresh capital raise silences many doubters.
The company demonstrates financial stability through continued purchases. Moreover, their unrealized gains provide a substantial cushion against market downturns. Strategy maintains confidence in Bitcoin’s long-term value proposition. This conviction drives their ongoing accumulation strategy.
Digital Asset Treasury Inflows Hit 2025 Low
Strategy’s purchase came during a quiet period for digital asset treasuries. November recorded only $1.32 billion in total DAT inflows. This figure represents a 34% drop from October’s numbers. DefiLlama data reveals the slowest month for crypto treasuries in 2025.
Bitcoin-focused companies led November’s inflows despite the overall decline. Strategy’s $835 million purchase on November 17 drove much of this activity. In contrast, Ether-focused digital asset treasuries experienced negative flows. These companies saw $37 million in outflows during November.
The cooling inflows highlight Strategy’s unusual commitment to Bitcoin accumulation. While others pause or reduce purchases, Strategy accelerates its buying. This contrarian approach reinforces Saylor’s vision of Bitcoin as foundational financial infrastructure. The company continues building what it calls the largest corporate Bitcoin treasury worldwide.
Written By Fazal Ul Vahab C H
