Michael Saylor’s Strategy has added one other 397 Bitcoin price about $45.6 million, however the agency’s shopping for tempo continues to sluggish in comparison with its pre-October accumulation streak.
Strategy acquired 397 Bitcoin (BTC) price $45.6 million final week at a median worth of $114,771 per coin, in response to a Monday filing with the US Securities and Trade Fee.
This brings its whole holdings to 641,205 BTC acquired for $47.49 billion at a median worth of $74,047 per coin, with a Bitcoin yield of 26.1% year-to-date (YTD) , in response to a Monday X post from Strategy.
Final week, the corporate bought 390 BTC for $43.3 million, bringing its total for October to 778 BTC, one of many smallest month-to-month acquisitions lately. By comparability, Strategy acquired 3,526 BTC in September, a 78% enhance from October’s whole.
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Bitcoin restoration tied to institutional demand
Analysts warn that the slower tempo may weigh on Bitcoin’s price recovery. Strategy and US spot Bitcoin exchange-traded funds (ETFs) have been the first drivers of demand all through 2025, in response to analytics platform CryptoQuant.
The analytics platform predicted that Bitcoin’s worth might be unable to recuperate to its earlier highs till these entities restart large-scale accumulations.
“Demand is now pushed largely by ETFs and MicroStrategy, each slowing buys not too long ago. If these two channels recuperate, market momentum probably returns,” mentioned Ki Younger Ju, the founder and CEO of crypto analytics platform CryptoQuant, in a Sunday X post.
Journal: Bitcoin to see ‘one more big thrust’ to $150K, ETH pressure build
