Michael Saylor’s Strategy Buys 1,229 BTC as Bitcoin Heads Toward a 2025 Loss
Michael Saylor’s Strategy, previously MicroStrategy, has made another weekly BTC purchase amid the crypto market downtrend. This latest purchase comes as Bitcoin and MSTR stock head toward a 2025 loss, after losing their gains from earlier in the year.
Strategy Acquires 1,229 BTC For $108.8 Million
An SEC filing showed that the company acquired 1,229 BTC for $108.8 million at an average price of $88,568 per Bitcoin. It has now achieved a BTC yield of 23.2% year-to-date (YTD). It now holds 672,497 BTC, which it acquired for $50.44 billion at an average price of $74,997 per Bitcoin.
The filing also shows Strategy sold MSTR shares to fund this latest purchase. The company sold 663,450 shares, with net proceeds of $108.8 million, which it used to buy more BTC.
This follows Saylor’s hint of another Bitcoin purchase yesterday. The company’s executive chairman had made his conventional Sunday X post, with the caption, ‘Back to Orange,’ signaling another purchase.
Back to Orange. pic.twitter.com/J3lnpOObER
— Michael Saylor (@saylor) December 28, 2025
Meanwhile, this purchase comes just a week after Strategy had paused its Bitcoin buys. Instead of a purchase in the week ending December 21, the company announced that it increased its USD reserves to $2.19 billion.
Notably, the company made some of its largest purchases in 2025 this month, including a $980 million BTC purchase in the week ending December 14, which was its largest since July. It also bought 10,624 BTC for $962.7 million in the week ending December 7.
BTC Heads For A Yearly Loss
The latest Strategy purchase comes as the BTC price heads towards a 2025 loss, with the flagship crypto down almost 7% year-to-date (YTD). BTC staged a rebound above $90,000 yesterday and looked on course to erase its YTD loss, but has now dropped to an intraday low of around $87,000.
A positive for the flagship crypto heading into 2026 is that it has never recorded consecutive yearly losses. Based on history, 2026 is likely to be a green year for BTC, though there are concerns that the crypto asset may already be in a bear market.
Meanwhile, the MSTR stock is also on course to end this year in the red. TradingView data shows that the stock is down 47% YTD, having crashed from a yearly high of around $455 to below $160.
The Strategy stock is currently trading flat amid the announcement of this latest Bitcoin purchase. The stock is trading at $158, around the same price level as last week’s close.
Bitcoin critic Peter Schiff again criticized Saylor and his decision to adopt the BTC model. In an X post, he noted that Saylor’s company has been buying BTC for five years at an average cost of $75,000, with a “paper profit” of 16%, which translates to an average return of just over 3%. Schiff then remarked that Strategy would have been better off buying any other asset instead of BTC.
Strategy has been buying Bitcoin for five years. With an average cost of $75K, the company has a “paper profit” of just 16%. That’s an average annual return of just over 3%. $MSTR would have been much better off had @Saylor bought just about any other asset instead of Bitcoin.
— Peter Schiff (@PeterSchiff) December 29, 2025
