Bitcoin Price Slides Below $115,000 As Strategy Buys Additional Bitcoin

"Strategy has announced the acquisition of an additional 525 Bitcoin (BTC) for $60.2 million, even as Bitcoin's price retreated from its recent high of $116,700. The purchase, disclosed in an SEC filing Monday, brings the company's total holdings to 638,985 BTC, further cementing its position as the largest corporate holder of Bitcoin. The latest acquisition was executed at an average Bitcoin price of $114,562 per BTC, lifting the company's overall average purchase price to $73,913."

"Strategy's consistent accumulation strategy emerges amid growing institutional interest in Bitcoin, with corporate treasury holdings now exceeding 1 million BTC, representing roughly 5% of the circulating Bitcoin supply. This trend has accelerated in 2025, with new entrants joining the ranks of Bitcoin treasury companies. The proliferation of corporate Bitcoin treasuries reflects a fundamental shift in how institutions view Bitcoin. We're seeing new companies entering this space almost daily, each with significant capital commitments."

"Despite Strategy's continued Bitcoin purchases, the company's stock (MSTR) has underperformed Bitcoin in 2025, gaining only 14% compared to Bitcoin's 23% appreciation. The market's reaction to Strategy's latest purchase highlights the evolving dynamics of institutional Bitcoin adoption. While early 2025 saw Bitcoin price surge past $124,000, recent price action suggests a more measured approach from investors, with support holding above the $110,000 level."

Strategy acquired 525 BTC for $60.2 million at an average price of $114,562 per BTC, bringing total holdings to 638,985 BTC and raising its overall average purchase price to $73,913. Corporate treasury holdings now exceed 1 million BTC, roughly 5% of circulating supply, with accumulation accelerating in 2025 as new companies join Bitcoin treasury ranks. Strategy's stock (MSTR) has underperformed Bitcoin in 2025, up 14% versus Bitcoin's 23%. Institutional accumulation has contributed to reduced market volatility as holders take longer-term positions. Bitcoin recently topped $124,000 before retreating, with support holding above $110,000.

Read at Bitcoin Magazine