Strategy Acquires $835 Million Worth of Bitcoin via Preferred Stock

Bitcoin giant Strategy has made a significant move by acquiring 8,178 BTC for an estimated $835.6 million using preferred stock issuance. The acquisition, finalized on November 17th, 2025, brings the company’s total Bitcoin holdings to a substantial 649,870 BTC, representing a significant boost in their cryptocurrency assets. This purchase was made amidst recent stock price declines and reflects Strategy’s continued commitment to holding Bitcoin as part of its treasury reserve strategy. Notably, Michael Saylor, Executive Chairman of Strategy and a prominent advocate for Bitcoin investment, has opted for this non-conventional acquisition approach with no pre-announcement via social media channels, defying his usual practice.