Strategy added 220 BTC for $27.2M last week as Bitcoin posted new highs
Michael Saylor announced that MicroStrategy added another 220 BTC last week for about $27.2 million marking its first Bitcoin purchase of October. The latest buy raises the company’s total holdings to roughly 640,250 BTC, underscoring its continued conviction in Bitcoin despite heightened market volatility.
The purchase came as Bitcoin briefly hit a new all-time high above $126,000 on October 6 before retreating sharply during a tariff-driven market sell-off. Prices later stabilized as investors reassessed macro risks and liquidity conditions. MicroStrategy’s steady accumulation highlights its long-term strategy of using Bitcoin as a primary treasury reserve asset, even amid short-term market turbulence.
Strategy’s latest buy: size, price, and holdings
Purchase
220 BTC for ~$27.2M at an average price of ~$123,561/BTC.Cumulative stash
640,250 BTC after the transaction.Declared metric
Strategy cites a 25.9% YTD BTC Yield following the buy.
Why Strategy added 220 BTC despite volatility
Saylor’s purchase followed a week where BTC made new highs and then sold off sharply amid tariff headlines. Allocating during pullbacks has been consistent with Strategy’s multi-year accumulation approach, which the firm has supported via equity and preferred-stock financing programs.
Market backdrop: ATH, crash, and rebound
ATH
Coinbase data shows a record $126,210.50 on Oct. 6, 2025.Drop
Headlines around new China tariffs coincided with a steep decline and historic liquidations.Rebound
By Oct. 13, BTC had recovered above $114K–$115K but remained below its peak.
Liquidiations and data quality concerns
CoinGlass tallied ~$19.1B in liquidations around the event, with roughly $16.7B from longs. Hyperliquid’s Jeff Yan argued some centralized exchanges may undercount liquidations (e.g., reporting one liquidation per second) which could make totals much higher during bursts. Yahoo Finance+2coinglass+2
Platform performance and Binance’s response
Users reported UI issues and “$0” prints on some altcoins during peak stress. Binance later attributed the anomaly to a display/decimal-precision issue and said it has compensated >$280M to affected users while stressing core matching engines remained stable.
MSTR share move
Shares tied to Strategy (MSTR) slumped last week alongside crypto beta, tracking BTC’s drawdown from the Oct. 6 peak. (For live prices and charts, see exchange data and filings referenced below.)
Market reaction after Strategy added 220 BTC
The purchase reinforces Strategy’s positioning as the largest public corporate holder of BTC, a status that can amplify equity volatility relative to spot BTC especially during liquidity shocks such as the recent tariff-linked sell-off.
Context & Analysis
Accretive share-based financing has allowed Strategy to grow BTC per share (its “BTC Yield”) in bull cycles. The weekend’s structural stresses forced liquidations, UI glitches, and price-feed quirks underscore why on-chain or exchange-agnostic metrics are increasingly scrutinized when interpreting “record liquidation” headlines.
Conclusion
MicroStrategy’s latest Bitcoin purchase reinforces its ongoing accumulation strategy, showing continued confidence in the asset despite frequent market swings. The firm has steadily increased holdings through both rallies and pullbacks, treating volatility as an opportunity rather than a deterrent.
In the short term, traders are navigating a turbulent market following Bitcoin’s recent all-time high. Policy developments, global macro cues, and exchange infrastructure strains are likely to shape sentiment and risk appetite in the coming weeks. For now, stability may depend less on price momentum and more on how the market digests regulatory and liquidity shifts.
FAQs
Q : What does it mean that “Strategy added 220 BTC”?
A : It means the company purchased 220 additional bitcoins, increasing its total holdings.
Q : What’s Strategy’s total BTC now?
A : Approximately 640,250 BTC after the latest buy.
Q : When did Bitcoin hit a new all-time high?
A : On Oct. 6, 2025, around $126,210 on Coinbase data.
Q : Why were crypto liquidations so large?
A : Tariff headlines triggered a sharp sell-off and cascading forced liquidations.
Q : Are liquidation totals completely reliable?
A : Hyperliquid’s CEO says some CEXs may underreport, potentially by large factors during bursts.
Q : Did altcoins really drop to $0 on Binance?
A : No, Binance said it was a display/decimal precision issue, not actual zero prices.
Q : Did Binance compensate affected users?
A : Yes, Binance and media reports say over $280 million was paid to impacted users.
Facts
Event
Strategy purchased additional Bitcoin during a record-volatility weekDate/Time
2025-10-13T18:00:00+05:00Entities
Michael Saylor; Strategy Inc.; Bitcoin (BTC); Binance; CoinGlassFigures
220 BTC ($27.2M) at ~$123,561/BTC; total holdings 640,250 BTC; BTC ATH ~$126,210 (Oct. 6); liquidations ~$19.1B (largest on record)Quotes
“No tariffs on Bitcoin.” Michael Saylor (X) | “Zero-price prints were a display issue.” Binance announcement X (formerly Twitter)+1Sources
Saylor on X; Coinbase BTC price page; CoinGlass liquidation dashboard; Binance announcement. Binance+3X (formerly Twitter)+3Coinbase+3