Despite the fall of Bitcoin, Strategy continues its massive purchases
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Strategy has just reached a new milestone in its bitcoin accumulation strategy. Michael Saylor's company acquired 8,178 BTC for $835 million, marking a spectacular acceleration of its investments. This operation occurs in a context of high volatility, where the price of bitcoin has lost 11% in seven days.

A determined man hoards Bitcoin during a market crash, surrounded by flames, dread, and chart volatility.

In brief

  • Strategy purchased 8,178 BTC for $835 million, a massive investment compared to the weekly 400-500 BTC in previous weeks.
  • This acquisition brings the company's treasury to 649,870 BTC, solidifying its position as a global leader in institutional Bitcoin holding.
  • The operation comes as BTC is moving around $90,000, after losing 11% in one week, and MSTR stock has fallen 16% over five days.
  • Michael Saylor brushes aside criticism and reaffirms his belief in Bitcoin, despite attacks from detractors like Peter Schiff.

Strategy Steps Up Bitcoin Buys with Purchase of 8,178 BTC

Strategy filed a document with the US SEC on Monday confirming the acquisition of 8,178 bitcoins. This transaction represents a turning point in the company's accumulation strategy.

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Since October and early November, Michael Saylor made more measured purchases, between 400 and 500 BTC per week. Monday's purchase multiplies this rate by twenty.

This acceleration raises questions. The timing is bold: bitcoin is going through a brutal correction phase. In seven days, the queen of cryptos lost around 11% of its value, falling below $92,000. Still, Saylor doesn’t hesitate. For him, these declines constitute buying opportunities, not alarm signals.

MSTR stock has not escaped the contagion. In five days, it fell more than 16%, reaching $197.03. The markets seem nervous. Some observers question the sustainability of Strategy's economic model.

The previous week, rumors of a sale had even circulated on social networks, before being firmly denied by Saylor himself.

Strategy now holds 649,870 BTC, far ahead of its competitors. For comparison, BitMine Immersion Technologies focuses on Ether, while Forward Industries focuses on Solana. But none come close to Strategy's focus on bitcoin.

Between unshakeable conviction and fiery debates

Michael Saylor has never hidden his faith in Bitcoin. In recent interviews on CNBC and social media, he reiterated that Strategy continues to accumulate despite volatility.

Strong fluctuations are typical for a risky asset “, he said. His argument? Bitcoin consistently outperforms over multi-year cycles.

This posture attracts as many admirers as critics. Gold investor and noted Bitcoin opponent Peter Schiff issued a public challenge to Saylor over the weekend. The man wants to debate at Binance Blockchain Week in Dubai in December. Schiff calls Strategy's business model “an outright fraud.” At present, Saylor has not publicly responded to this provocation.

The numbers demonstrate the solidity of Saylor’s model. Despite the current volatility, the founder of Strategy displays a disconcerting serenity. According to him, even an 80% collapse in the price would not put the company under pressure to sell its reserves.

This insurance is based on a thoughtful financial structure: the preferred shares used to finance these purchases avoid the dilution of historical shareholders, thus preserving the integrity of the capital.

Institutional dynamics are changing rapidly. Banks like JP Morgan and Wells Fargo are now exploring Bitcoin-backed credit. Strategy even obtained a B- rating from S&P, a historic first for a BTC-focused company. These signals reinforce Saylor’s thesis: Bitcoin is becoming a mainstream asset.

Strategy confirms its status as a pioneer in the institutional adoption of bitcoin. The purchase of 8,178 BTC, in the midst of a market correction, illustrates a conviction that defies short cycles. The coming weeks will reveal whether this audacity pays off or whether the critics were right. One thing is certain: Michael Saylor is not giving up.

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