Uptober? Strategy logs slowest monthly Bitcoin buys of the year at 778 BTC
Analysis
Price Impact
MedStrategy, a major institutional bitcoin holder, significantly reduced its monthly btc accumulation in october, purchasing 78% less than in september. this indicates a notable slowdown in institutional demand from this specific entity.
Trustworthiness
MedWhile citing sec filings and analysts, the article contains a highly improbable stated btc purchase price (over $111,000 per btc, with bitcoin reportedly rising past $113,000), which directly contradicts actual market data for the period, impacting the overall reliability of the quantitative figures presented in the report.
Price Direction
NeutralDespite the significant slowdown in monthly accumulation, strategy continues to purchase bitcoin, signifying ongoing long-term conviction. however, the reduced buying pressure from such a prominent entity, attributed to capital raising difficulties, likely tempers immediate bullish sentiment.
Time Effect
ShortThe data reflects a recent monthly trend and is linked to short-term capital raising difficulties for strategy, suggesting the reduced buying pace could continue in the near term.
Original Article:
Article Content:
Helen Partz 5 minutes ago Uptober? Strategy logs slowest monthly Bitcoin buys of the year at 778 BTC Strategy posted one of its slowest months for buying BTC, with a total of 778 BTC purchased in October, down 78% from 3,526 BTC in September. Listen 0:00 45 News COINTELEGRAPH IN YOUR SOCIAL FEED Michael Saylor’s strategy, the world’s largest public Bitcoin holder, added to its BTC holdings last week amid rising momentum, but buying activity has slowed considerably since September. Strategy purchased 390 Bitcoin ( BTC ) for $43.3 million in its latest BTC acquisition last week, according to a US Securities and Exchange Commission filing on Monday. The purchases were made at an average price of $111,117 per BTC, with Bitcoin briefly rising past $113,000 last Tuesday, according to CoinGecko data. The acquisition brought Strategy’s total Bitcoin holdings to 640,808 BTC, purchased for about $47.4 billion at an average price of $74,032 per coin. Strategy posts one of its slowest BTC-buying months With the latest purchase of 390 BTC, Strategy has accumulated 778 Bitcoin in October — among the smallest monthly totals in its history. Compared with the 3,526 BTC acquired in September , Strategy’s October buys are down 78%, underscoring the ongoing slowdown in accumulation. The latest buy is even smaller compared with the massive 31,466 BTC and 26,695 BTC acquired in July and May, respectively. An excerpt from Strategy’s Form 8-K. Source: SEC According to CryptoQuant analyst JA Maartun, the rapid slowdown in Strategy’s Bitcoin purchasing has been caused by capital raising difficulties, with equity issuance premiums plummeting from 208% to 4%. “Strategy is no longer buying big — but they’re still buying,” Maartun wrote in an X post on Sunday, adding that long-term conviction remains, “even as funding pressure grows.” Source: JA Maartun Despite the sharp slowdown, 2025 remains the biggest year for Bitcoin investments by Strategy, with $19.53 billion spent on BTC acquisitions so far. The company still has roughly two months to surpass last year’s record of $21.76 billion spent on BTC, according to Maartun. Related: Strategy can buy $100M of Bitcoin within an hour of raising it: Saylor Strategy’s latest 390 BTC buy came amid its Common A stock, MSTR, falling below $280 last week, marking a gradual sell-off after the shares topped at around $456 in July, according to TradingView data. Magazine: Mysterious Mr Nakamoto author: Finding Satoshi would hurt Bitcoin # Bitcoin # Cryptocurrencies # Business # Bitcoin Price # Investments # Stocks # MicroStrategy # Bitcoin Adoption # Michael Saylor # Companies Add reaction