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    Saylor’s Approach Acquires 168 Bitcoin in the Week Following the Crash

    Ethan CarterBy No Comments3 Mins Read
    1760969358

    Michael Saylor’s Strategy, the largest public holder of Bitcoin globally, increased its BTC reserves last week amid another market downturn following the Black Friday crypto collapse.

    Strategy acquired 168 Bitcoin (BTC) for $18.8 million last week, according to data shared by Strategy on X on Monday.

    This latest Bitcoin purchase was executed at an average price of $112,051, even as Bitcoin dipped below $104,000 on Friday due to the market fallout from the crash on Oct. 10, according to data from Coinbase.

    With this addition, Strategy now holds a total of 640,418 Bitcoin, acquired for approximately $47.40 billion at an average price of $74,010 per BTC.

    Strategy’s journey to 700,000 BTC

    The recent acquisition of 168 BTC represents another minor addition amid a series of smaller purchases, starkly contrasting with its significant Bitcoin accumulation earlier this year, where monthly buys averaged around 25,000 BTC in April and May.

    Based on an average monthly acquisition rate of 5,620 BTC during August and September, when Strategy bought 7,714 BTC and 3,526 BTC respectively, it is estimated to take about 11 months to reach a total of 700,000 BTC.

    019a01bd e3cf 7c29 91ca 7d58f714ef92
    Source: Strategy

    This latest Bitcoin purchase follows a 220 BTC acquisition at $27.2 million the week prior, which occurred as BTC briefly surpassed an all-time high above $126,000 before dropping to $110,000 during the Oct. 10 market crash.

    MSTR experiences another decline

    Strategy’s Bitcoin acquisitions coincided with a downturn in its Common A stock (MSTR), which fell back to levels not registered since April 2025.

    According to TradingView data, MSTR fell below $284 last Thursday, reflecting a continued 21% decline since Oct. 5.

    Despite these losses, Strategy’s stock remains up 50.4% from the same time last year, boasting a substantial 1,650% increase over the past five years.

    019a01bd e66c 74f6 8704 44ad94a8847a
    Strategy (MSTR) year-to-date price chart. Source: TradingView

    The lowest price recorded for MSTR shares in 2025 was approximately $238 per share, noted on April 7, while the peak was over $455 in July.

    Although Strategy’s Bitcoin purchasing has slowed considerably in recent months, numerous companies have followed suit, aggressively amassing BTC in their treasuries.

    Related: NAV collapse creates rare opportunity in Bitcoin treasuries — 10x Research

    Japanese hotel company Metaplanet, which began its Bitcoin treasury initiatives in July 2024, had accumulated 30,823 BTC ($34.1 billion) by the end of September, only to witness its enterprise value drop below its Bitcoin holdings last week.

    Metaplanet’s market to Bitcoin NAV (mNAV) — a metric evaluating the company’s worth against its Bitcoin reserve — declined to 0.99 on Tuesday and further tumbled to 0.9 on Saturday.

    While the implications of this event remain to be determined, Metaplanet has not made additional BTC purchases since announcing its latest acquisition on Sept. 30.