Strategy, the company with the world’s largest Bitcoin treasury, has dramatically increased its BTC accumulation with an $835 million purchase. This marks a sharp escalation from the firm’s recent smaller weekly buys and reaffirms Michael Saylor’s continued commitment to Bitcoin despite market turbulence.
Strategy Ramps Up Bitcoin Accumulation
After several weeks of steady but modest Bitcoin purchases averaging 400–500 BTC, Strategy has returned to large-scale accumulation. In a new filing with the U.S. Securities and Exchange Commission, the company disclosed acquiring 8,178 BTC for approximately $835 million.
The move highlights a renewed phase of aggressive buying as the firm expands its long-term Bitcoin reserves. Compared to earlier activity in October and November, this latest acquisition represents a significant jump in volume and signals a strengthened conviction in BTC’s long-term value.
Purchase Comes During Sharp Price Swings
The acquisition occurred during a period of heightened volatility. Data from Nansen shows Bitcoin dropped roughly 11% over the past week, trading around $94,191 at the time of publication. Despite the turbulence, Strategy opted to capitalize on the downturn by accumulating at scale.
The company has continued to follow its accumulation strategy launched in August 2020. With this latest buy, Strategy now holds 649,870 BTC — the largest corporate Bitcoin treasury in the world. In contrast, BitMine Immersion Technologies leads in Ether holdings, while Forward Industries holds the largest Solana position.
Saylor Maintains Confidence Despite Market Decline
The recent price flash crash has not deterred Strategy’s long-standing Bitcoin thesis. Executive chair Michael Saylor reiterated in interviews and on social media that the company remains committed to acquiring BTC regardless of short-term price action.
Even as volatility impacts broader markets, the firm continues positioning itself for long-term gains. Meanwhile, Strategy’s MSTR stock has not been immune to market pressure, falling more than 16% over the past five days to $197.03 at the time of publication.
Debate Challenge Sparks Public Attention
Adding to the week’s developments, gold advocate and Bitcoin critic Peter Schiff publicly challenged Saylor to a live debate at Binance Blockchain Week Dubai scheduled for December. Schiff argued that Strategy’s entire business model is flawed, calling it a “fraud.”
As of the time of writing, Saylor has not issued any public response to the challenge. The proposed debate has generated excitement across the crypto community, with many watching closely to see whether the two outspoken figures will face off on stage.