MicroStrategy’s Bitcoin Buying Slows Sharply to 778 BTC in October

• Strategy Bitcoin purchases in October 2025 totaled just 778 BTC, marking one of the company’s slowest accumulation months historically.

• The latest acquisition of 390 BTC cost $43.3 million at an average price of $111,117 per coin, pushing total holdings to 640,808 BTC.

• Despite the slowdown, 2025 has seen $19.53 billion invested in BTC so far, positioning Strategy to potentially exceed last year’s record spending.

Discover how Strategy’s Bitcoin purchases slowed in October 2025 amid market highs. Explore implications for holdings and future strategy. Stay informed on crypto trends today.

What Are Strategy’s Latest Bitcoin Purchases in October 2025?

Strategy Bitcoin purchases in October 2025 have notably decelerated, with the company acquiring a total of 778 BTC so far this month. This figure represents a significant 78% decline from the 3,526 BTC purchased in September. The slowdown highlights a more measured approach by the firm, the world’s largest public Bitcoin holder, even as Bitcoin’s price surged past $113,000.

Michael Saylor’s Strategy added to its BTC holdings last week amid rising market momentum, but the overall buying activity has cooled considerably since the previous month. According to a U.S. Securities and Exchange Commission filing on Monday, Strategy purchased 390 Bitcoin for $43.3 million in its most recent acquisition. These purchases occurred at an average price of $111,117 per BTC, with Bitcoin briefly exceeding $113,000 on Tuesday, based on market data from CoinGecko.

This latest addition elevated Strategy’s total Bitcoin holdings to 640,808 BTC, acquired for approximately $47.4 billion at an average price of $74,032 per coin. The firm’s commitment to Bitcoin as a treasury asset remains evident, though the pace suggests adjustments in response to broader financial conditions.

Why Have Strategy’s Bitcoin Purchases Slowed in October 2025?

The reduction in Strategy Bitcoin purchases can be attributed to several factors, including challenges in raising capital. CryptoQuant analyst JA Maartun noted that equity issuance premiums have plummeted from 208% to just 4%, making large-scale acquisitions more difficult. “Strategy is no longer buying big — but they’re still buying,” Maartun observed in a recent analysis. He emphasized the company’s long-term conviction in Bitcoin, even as funding pressures intensify.

With the latest purchase of 390 BTC, Strategy has accumulated 778 Bitcoin in October — one of the smallest monthly totals in its accumulation history. This contrasts sharply with September’s 3,526 BTC, as well as the substantial 31,466 BTC and 26,695 BTC added in July and May, respectively. Despite this tempered activity, 2025 continues to be Strategy’s most aggressive year for Bitcoin investments, with $19.53 billion already spent on acquisitions. The company has about two months left to surpass the previous year’s record of $21.76 billion in BTC spending, according to Maartun’s estimates.

An excerpt from Strategy’s Form 8-K. Source: SEC

Strategy’s recent 390 BTC buy coincided with its Class A common stock (MSTR) dipping below $280 last week, following a peak of around $456 in July, as indicated by TradingView data. This stock performance may influence the firm’s capital-raising efforts and subsequent Bitcoin strategies. Market observers point to Bitcoin’s volatility and macroeconomic factors as contributing to this cautious stance, ensuring that purchases align with sustainable financial health.

Source: JA Maartun

Experts like Maartun highlight that while the slowdown is pronounced, it does not signal a retreat from Bitcoin. Instead, it reflects prudent management of resources. Strategy’s approach underscores the importance of balancing aggressive accumulation with fiscal responsibility, particularly in a market where Bitcoin’s price fluctuations can amplify investment risks and opportunities.

Throughout 2025, Strategy has demonstrated resilience in its Bitcoin strategy, navigating high prices and funding hurdles. The firm’s total holdings now represent a significant portion of its balance sheet, positioning it as a bellwether for corporate adoption of cryptocurrency. As Bitcoin continues to mature as an asset class, Strategy’s actions provide valuable insights into institutional investment trends.

The SEC filing details the transparency of these transactions, reinforcing Strategy’s adherence to regulatory standards. This level of disclosure not only builds investor confidence but also sets a precedent for other public companies considering Bitcoin treasury strategies. With Bitcoin’s market cap exceeding trillions, such moves by major holders like Strategy can influence broader sentiment and price stability.

Frequently Asked Questions

How Many Bitcoins Did Strategy Buy in October 2025?

Strategy purchased a total of 778 BTC in October 2025, including the latest acquisition of 390 BTC for $43.3 million. This amount is down significantly from previous months, reflecting a strategic pause in aggressive buying amid capital constraints and market conditions.

What Is the Total Value of Strategy’s Bitcoin Holdings?

Strategy’s Bitcoin holdings now stand at 640,808 BTC, acquired for about $47.4 billion at an average price of $74,032 per coin. This treasury asset forms a core part of the company’s financial strategy, showcasing its commitment to digital assets over traditional reserves.

Key Takeaways

• slowed accumulation: October 2025 saw only 778 BTC added, a 78% drop from September, due to funding challenges.
• Record year potential: With $19.53 billion invested in 2025 so far, Strategy is on track to break previous spending records if momentum resumes.
• Ongoing commitment: Despite the slowdown, regular purchases like the recent 390 BTC signal sustained belief in Bitcoin’s long-term value.

Conclusion

Strategy’s Bitcoin purchases in October 2025 illustrate a tactical shift toward sustainability in the face of market highs and capital dynamics. With holdings reaching 640,808 BTC and a year-to-date investment of $19.53 billion, the firm remains a leader in corporate crypto adoption. As Bitcoin’s trajectory evolves, investors should monitor how Strategy navigates these pressures, potentially setting the stage for renewed accumulation in the coming months. Stay tuned for updates on this pivotal strategy in the cryptocurrency landscape.