Michael Saylor’s Technique, the world’s largest public Bitcoin holder, added to its BTC stash final week amid one other market sell-off following the Black Friday crypto crash.
Technique acquired 168 Bitcoin (BTC) for $18.8 million final week, according to knowledge printed by Technique on X on Monday.
The newest Bitcoin acquisition was made at a median worth of $112,051, although Bitcoin slipped beneath $104,000 on Friday amid the shockwaves of the market crash on Oct. 10, according to Coinbase knowledge.
With the acquisition, Technique held a complete of 640,418 Bitcoin, bought for about $47.40 billion at a median worth of $74,010 per BTC.
Technique’s path to 700,000 BTC
Technique’s newest 168 BTC buy was one other small addition in a sequence of minor buys, a notable distinction to its large Bitcoin hoarding earlier this yr, when month-to-month purchases averaged round 25,000 BTC in April and Might.
Based mostly on a median month-to-month shopping for tempo of 5,620 BTC over August and September, when Technique bought 7,714 BTC and 3,526 BTC respectively, it might take roughly 11 months to achieve a complete of 700,000 BTC on its stability sheet.
The newest Bitcoin buy adopted a 220 BTC buy for $27.2 million the earlier week, which got here as BTC briefly hit a brand new all-time excessive above $126,000 earlier than plunging to $110,000 within the Oct. 10 market crash.
MSTR takes one other dip
Technique’s Bitcoin purchases got here as its Frequent A inventory (MSTR) prolonged losses final week, falling again to ranges not seen since April 2025.
According to knowledge from TradingView, MSTR slid beneath $284 final Thursday, marking a continued decline of 21% since Oct. 5.
Regardless of the losses, Technique’s inventory remains to be up 50.4% from the place it stood one yr earlier, with an enormous 1,650% surge previously 5 years.
The bottom worth of MSTR shares thus far in 2025 was about $238 per share recorded on April 7, whereas the very best was in July at greater than $455.
Whereas Technique’s Bitcoin shopping for has slowed notably in latest months, many firms have adopted its lead with BTC treasury plans, aggressively accumulating the asset.
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Metaplanet, a Japanese lodge firm that went for Bitcoin treasury in July 2024, had hoarded 30,823 BTC ($34.1 billion) by the tip of September, solely to see its enterprise value fall below the value of its Bitcoin holdings final week.
Metaplanet’s market to Bitcoin NAV (mNAV) — a ratio between the corporate’s worth and its Bitcoin stash — slipped to 0.99 on Tuesday after which tumbled deeper to 0.9 on Saturday.
Whereas the potential outcomes of the occasion are but to be seen, Metaplanet has not purchased extra BTC because it made its most up-to-date BTC acquisition introduced on Sept. 30.
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