Michael Saylor Leads Strategy’s Largest Bitcoin Purchase of 2025 Worth $963 Million

Strategy has added 10,624 Bitcoin to its treasury, marking its largest purchase since July. The company completed the acquisition for about $963 million at an average price of $90,615 per coin during the week ending December 7. This move comes as Strategy reports a Bitcoin Yield of nearly 25% year-to-date in 2025, reflecting steady growth in its digital asset strategy.

The announcement was made Monday morning, December 8, highlighting Strategy's continued commitment to Bitcoin as a core reserve asset. With this addition, the firm's total holdings now reach 660,624 coins, valued at roughly $60.5 billion based on current market prices. Even with Bitcoin's price fluctuations throughout the year, Strategy maintains approximately $11 billion in unrealized gains.

Funding and Forward Momentum

Strategy funded the recent Bitcoin purchases through its at-the-market equity program, raising $35 million from sales of STRD stock and $928 million from MSTR common stock offerings last week. These proceeds allowed the company to execute the buy without dipping into operational cash flows. Strategy holds over four billion shares of preferred stock and 13.5 billion shares of common stock available for future issuance, providing ample flexibility for additional treasury expansions.

This acquisition fits into a broader pattern of strategic capital deployment that has defined Strategy's operations since pivoting toward Bitcoin in 2020. The company, once primarily known for business intelligence software, has transformed into a leading corporate holder of Bitcoin. This move not only bolsters their balance sheet but also signals confidence in Bitcoin's long-term value, especially as institutional adoption grows across sectors.

The timing of the announcement followed closely on the heels of social media activity from Michael Saylor, Strategy's executive chairman and a vocal Bitcoin advocate. On December 7, just before the disclosure, Saylor shared a post stating "Back to Orange Dots" alongside an image from the Saylor Tracker website, which charts the company's Bitcoin purchases over time. This is typically a subtle hint of impending buys, and the Monday reveal confirmed that.

Saylor's online presence has remained active during his travels and this announcement. He has been attending the Bitcoin MENA conference in Dubai, where he posted photos capturing key moments from the event. One notable image showed Saylor in an orange tie against a Dubai backdrop, while another pictured him meeting with Changpeng Zhao, known as CZ Binance, at a festive Christmas-themed spot in the city. Saylor captioned that photo, "The Great Bitcoin Exchange."

These interactions in Dubai showcase the international scope of Bitcoin's ecosystem, where conferences like Bitcoin MENA draw executives, developers, and investors to explore regional opportunities. For Strategy, Michael Saylor's engagements abroad align with the firm's global outlook on digital assets. As Bitcoin goes through these regulatory shifts and market cycles, such networks help position the company at the forefront of emerging trends, from Middle Eastern adoption to cross-border exchanges.

Looking at the bigger picture, Strategy's 2025 performance stands out in a year marked by Bitcoin's volatility. The 25% yield metric, which measures the growth in Bitcoin per share, captures how effectively the company has scaled its holdings relative to equity dilution. This approach has drawn praise from investors who view Strategy as a proxy for Bitcoin exposure without direct custody risks. The unrealized gains, now totaling $11 billion, represent a buffer against downturns and fuel optimism for future quarters.