Overview
- Michael Saylor shared Strategy’s familiar Bitcoin accumulation chart on X on Sunday, Nov. 8, which has historically preceded the company’s weekly treasury disclosures but does not confirm any trade.
- Strategy’s most recent confirmed purchase covered Oct. 26–Nov. 1 when the company bought 811 BTC for about $65.5 million, raising reported holdings to 849,327 BTC.
- Strategy said in its Nov. 2 SEC filing that it funded the 811 BTC buy with proceeds from 1,178,552 MSTR shares sold through its at‑the‑market program and used $208.2 million in cash to repurchase 2,092,035 STRC preferred shares.
- Bitcoin traded near $75,900 on Nov. 8, below Strategy’s last per‑coin purchase price of about $80,846 but close to the company’s overall average cost of $75,451, shaping the economics of any new buy.
- Investors are watching the next Form 8‑K for confirmation of any additional purchases and an MSCI index review scheduled for Nov. 11 that could change passive flows into MSTR and affect Strategy’s future financing options.