Overview
- Bitcoin fell roughly 11%–15% over the past week to around $90,000–$91,700, which Saylor described as a routine reset in a maturing market with declining volatility.
- MicroStrategy reports holdings of 649,870 BTC valued near $59.4 billion, with an average acquisition price of about $74,433 per coin.
- The company disclosed a Nov. 17 purchase of 8,178 BTC for approximately $835.6 million at about $102,171 each, leaving that new lot down around 10% on paper.
- CryptoQuant estimates about 40% of the company’s bitcoin now sits at an unrealized loss following recent buys, though the overall position remains up roughly 22% by market value.
- Market-to-NAV has compressed to about 1.11x from 1.52x in October, while recent stakes from Canada’s CPP ($80 million) and a Florida pension fund ($47 million) signal growing institutional interest.