Strategy Inc., led by Executive Chairman Michael Saylor, has expanded its Bitcoin treasury once again, purchasing 397 BTC for approximately $45.6 million at an average price of $114,771 per token.
The acquisition, disclosed in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC) on November 3, 2025, brings the firm’s total holdings to 641,205 BTC, valued at roughly $47.49 billion based on an average purchase price of $74,057 per coin.
Strategy has acquired 397 BTC for ~$45.6 million at ~$114,771 per bitcoin and has achieved BTC Yield of 26.1% YTD 2025. As of 11/2/2025, we hodl 641,205 $BTC acquired for ~$47.49 billion at ~$74,057 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/gEuzDaloRb
— Michael Saylor (@saylor) November 3, 2025
The company also reported a Bitcoin yield of 26.1% year-to-date (YTD) in 2025, a figure reflecting both capital appreciation and yield from the firm’s Bitcoin-based financial operations. Strategy continues to maintain one of the largest corporate Bitcoin reserves in the world, outpacing traditional institutions and sovereign entities in cumulative BTC exposure.
Saylor emphasized the firm’s ongoing conviction in Bitcoin as a long-term store of value and strategic reserve asset, stating that the company’s “amplified exposure model” offers institutional investors leveraged access to Bitcoin’s upside.
The latest purchase follows a year of consistent accumulation and strong performance for Strategy’s Bitcoin-linked securities (MSTR, STRK, STRC, STRF, STRD), all traded on Nasdaq’s Global Select Market. Analysts note that the firm’s expanding Bitcoin yield metrics may further attract institutional inflows, especially amid renewed ETF demand and tightening Bitcoin supply dynamics post-halving.
With its latest acquisition, Strategy reaffirms its position as the benchmark corporate vehicle for Bitcoin exposure, blending traditional market discipline with an aggressive digital asset accumulation strategy.


