No Result
View All Result
  • Login
Tuesday, December 16, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Cryptocurrency

Strategy Adds 525 BTC as Michael Saylor Says Bitcoin Deserves ‘Credit’

by FeeOnlyNews.com
3 months ago
in Cryptocurrency
Reading Time: 5 mins read
A A
0
Strategy Adds 525 BTC as Michael Saylor Says Bitcoin Deserves ‘Credit’
Share on FacebookShare on TwitterShare on LInkedIn


Strategy, previously MicroStrategy, has made its seventh consecutive weekly Bitcoin purchase. This comes amid the dip in the BTC price and MSTR stock, while Michael Saylor credited the flagship crypto for his company’s outperformance over the years.

Strategy Acquires 525 BTC For $60 Million

In a press release, the company announced that it had acquired 525 BTC for $60.2 million at an average price of $114,562 per Bitcoin. It has also achieved a BTC yield of 25.9% and now holds 638,985 BTC, which it acquired for $47.23 at an average price of $73,913 per Bitcoin.

This follows Michael Saylor’s conventional Sunday X post, in which he hinted at another Strategy Bitcoin purchase. In his post, he simply said “Bitcoin deserves credit” while spotlighting his company’s BTC portfolio tracker. Saylor had also earlier credited BTC for MSTR’s outperformance over the ‘Mag 7’ stocks.

Bitcoin Deserves Credit pic.twitter.com/PN92eSDfNf

— Michael Saylor (@saylor) September 14, 2025

The SEC filing shows that the company didn’t sell MSTR shares this time around to fund this Bitcoin purchase. Instead, it sold STRF, STRK, and STRD shares, raising $34 million, $17.3 million, and $16.9 million, respectively.

An image of Strategy's SEC filing
Source: Strategy SEC Filing

Meanwhile, this marks Strategy’s seventh consecutive weekly purchases. Last week, the company announced its acquisition of 1,955 BTC for $217.4 million, which came amid the S&P 500 snub.

The Strategy stock is trading flat in premarket amid this development. TradingView data shows that the stock is currently trading at around $331, the same level as last week’s closing price.

MSTR Daily ChartMSTR Daily Chart
Source: TradingView; MSTR Daily Chart

The MSTR stock is also down in the last five days and by over 16% in the last month. This has come amid the sideways movement of Bitcoin, which is down from its all-time high (ATH) of $124,000, which it hit last month.

 

✓ Share:

coingapecoingape

Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several niches. His speed and alacrity in covering breaking updates are second to none. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand.

Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing.

Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.





Source link

Tags: AddsBitcoinBTCCreditdeservesMichaelSaylorStrategy
ShareTweetShare
Previous Post

Accountant General: AI to make third of civil servants redundant

Next Post

4 Ways Americans Are Handling Economic Pressures in 2025

Related Posts

Dogecoin Price Squeeze Maps Out Two Possible Scenarios From Here

Dogecoin Price Squeeze Maps Out Two Possible Scenarios From Here

by FeeOnlyNews.com
December 16, 2025
0

Crypto analyst Erick Crypto has highlighted a Dogecoin price squeeze, which is currently playing out. Based on this, he mentioned...

Libra’s Launch Was Calculated: New Revelations Hint at Milei’s Involvement

Libra’s Launch Was Calculated: New Revelations Hint at Milei’s Involvement

by FeeOnlyNews.com
December 16, 2025
0

A local media article alleges that Mauricio Novelli and Manuel Terrones Godoy, two crypto entrepreneurs, were present when Libra was...

Bitcoin Outperforms Altcoins Despite Market-Wide Decline

Bitcoin Outperforms Altcoins Despite Market-Wide Decline

by FeeOnlyNews.com
December 16, 2025
0

Despite a decline from all-time highs, Bitcoin has still performed better than most other cryptocurrency sectors in recent months, indicating...

Trump open to reviewing pardon for Samourai Bitcoin app developer

Trump open to reviewing pardon for Samourai Bitcoin app developer

by FeeOnlyNews.com
December 15, 2025
0

Key Takeaways Trump expressed willingness to consider a pardon for Samourai Wallet developer Keonne Rodriguez. The case highlights tensions between...

Ethereum Activity Hits 7-Month Low: Active Addresses Drop 32% From August Peak

Ethereum Activity Hits 7-Month Low: Active Addresses Drop 32% From August Peak

by FeeOnlyNews.com
December 15, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is struggling to regain traction as...

Bitcoin Price Eyes K as Gold Rally Reshapes Correlation

Bitcoin Price Eyes $85K as Gold Rally Reshapes Correlation

by FeeOnlyNews.com
December 15, 2025
0

Bitcoin price remains under pressure as gold strength reshapes cross-asset behavior. The breakout of gold has been accompanied by a...

Next Post
4 Ways Americans Are Handling Economic Pressures in 2025

4 Ways Americans Are Handling Economic Pressures in 2025

These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

  • Trending
  • Comments
  • Latest
Newsom, DeSantis join forces to blast ‘idiotic’ push to allow oil drilling off coasts of California, Florida

Newsom, DeSantis join forces to blast ‘idiotic’ push to allow oil drilling off coasts of California, Florida

November 23, 2025
Israeli housing rental platform Venn raises m

Israeli housing rental platform Venn raises $52m

November 18, 2025
What is a credit card spending limit — and what to know

What is a credit card spending limit — and what to know

August 4, 2025
Links 12/10/2025 | naked capitalism

Links 12/10/2025 | naked capitalism

December 10, 2025
5 Senior Discounts Being Eliminated by National Retailers

5 Senior Discounts Being Eliminated by National Retailers

December 7, 2025
AT&T promised the government it won’t pursue DEI

AT&T promised the government it won’t pursue DEI

December 4, 2025
Trump has ‘an alcoholic’s personality, chief of staff says in wide-ranging Vanity Fair interview. She calls it a ‘hit piece’

Trump has ‘an alcoholic’s personality, chief of staff says in wide-ranging Vanity Fair interview. She calls it a ‘hit piece’

0
Lending startup backed by Altman, JPMorgan teams up with Amazon

Lending startup backed by Altman, JPMorgan teams up with Amazon

0
Nvidia to pay NIS 90m for Kiryat Tivon site

Nvidia to pay NIS 90m for Kiryat Tivon site

0
Is Solana Dying? DEX Trading Volume Drops 95% as SOL Price Continues to Fall

Is Solana Dying? DEX Trading Volume Drops 95% as SOL Price Continues to Fall

0
The Return of “Easy” Real Estate Deals? 2026 Could Get Even Better

The Return of “Easy” Real Estate Deals? 2026 Could Get Even Better

0
100+ Side Hustle Ideas to Make Money On The Side in 2026

100+ Side Hustle Ideas to Make Money On The Side in 2026

0
Trump has ‘an alcoholic’s personality, chief of staff says in wide-ranging Vanity Fair interview. She calls it a ‘hit piece’

Trump has ‘an alcoholic’s personality, chief of staff says in wide-ranging Vanity Fair interview. She calls it a ‘hit piece’

December 16, 2025
Lending startup backed by Altman, JPMorgan teams up with Amazon

Lending startup backed by Altman, JPMorgan teams up with Amazon

December 16, 2025
Nvidia to pay NIS 90m for Kiryat Tivon site

Nvidia to pay NIS 90m for Kiryat Tivon site

December 16, 2025
Is Solana Dying? DEX Trading Volume Drops 95% as SOL Price Continues to Fall

Is Solana Dying? DEX Trading Volume Drops 95% as SOL Price Continues to Fall

December 16, 2025
100+ Side Hustle Ideas to Make Money On The Side in 2026

100+ Side Hustle Ideas to Make Money On The Side in 2026

December 16, 2025
Dogecoin Price Squeeze Maps Out Two Possible Scenarios From Here

Dogecoin Price Squeeze Maps Out Two Possible Scenarios From Here

December 16, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Trump has ‘an alcoholic’s personality, chief of staff says in wide-ranging Vanity Fair interview. She calls it a ‘hit piece’
  • Lending startup backed by Altman, JPMorgan teams up with Amazon
  • Nvidia to pay NIS 90m for Kiryat Tivon site
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.