Investment firm Strategy has dramatically decreased its Bitcoin purchases, significantly reducing its holdings from over 134,000 BTC in November 2024 to just 9.1K BTC by November 2025. This move marks a significant shift in the firm’s investment strategy, prompting questions about its financial stability and long-term sustainability of its Bitcoin holdings. The reduction, which has been attributed to increasing market uncertainty and a more cautious approach, raises concerns for Strategy’s ability to maintain its existing financial obligations. 135 BTC were purchased in December, marking one of the weakest months in recent years. This shift underscores the broader trend of reduced buying from major institutional investors amidst heightened market volatility. To bolster its financial stability and ensure continued operation, Strategy has established a $1.44 billion reserve to cover its debt obligations for up to 12 months. This strategic move aims to mitigate potential risks associated with sudden market fluctuations while enabling continued investment in the future. Despite scaling back on Bitcoin purchases, Strategy’s substantial holdings of 650,000 BTC remain significant, representing 3.1% of total Bitcoin supply. These holdings continue to make Strategy a major player within the cryptocurrency landscape, but analysts are closely watching how this change will impact the firm’s long-term strategy and position.