{"id":55205,"date":"2025-10-28T09:01:35","date_gmt":"2025-10-28T09:01:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=55205"},"modified":"2025-10-28T09:01:35","modified_gmt":"2025-10-28T09:01:35","slug":"another-week-another-bitcoin-buy-strategy-adds-390-btc","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=55205","title":{"rendered":"Another Week, Another Bitcoin Buy: Strategy Adds 390 BTC"},"content":{"rendered":"
\n

Bitcoin treasury company Strategy has continued its routine of weekly BTC buys with a fresh acquisition worth $43.4 million.<\/p>\n

Strategy Has Added Another 390 BTC To Its Bitcoin Reserves<\/h2>\n

As announced by Strategy<\/a> co-founder and chairman Michael Saylor<\/a> in an X post<\/a>, the treasury company has made another expansion to its reserves. The latest purchase involved 390 BTC, acquired at an average price of $111,053 per token. In total, the buy cost the firm $43.4 million.<\/p>\n

The acquisition follows one day after Saylor made the usual Sunday post with Strategy\u2019s Bitcoin portfolio tracker. This time, the chairman used the caption, \u201cIt\u2019s Orange Dot Day.\u201d<\/p>\n

According to the filing with the US Securities and Exchange Commission (SEC), the company funded the latest purchase using sales of its STRK and STRD at-the-market (ATM) stock offerings.<\/p>\n

Following the buy, the Bitcoin treasury firm now holds 640,808 BTC with a cost basis of $47.44 billion. At the current exchange rate, these holdings are worth $73.93 billion, putting the company in a profit of about 55.8%<\/p>\n

Last week, Strategy made an acquisition worth just $18.8 million, so this week\u2019s buy is certainly a step up, but when compared to purchases from earlier in the year, it\u2019s still not too significant.<\/p>\n

CryptoQuant community analyst Maartunn has discussed in an X thread <\/a>why Strategy\u2019s accumulation has slowed down recently. Maartunn has noted that capital is becoming harder to raise for the company, as its equity issuance premiums have dropped from 208% to just 4%.<\/p>\n

\"Strategy<\/p>\n

The firm\u2019s stock price is also 50% down compared to its all-time high (ATH). Bitcoin itself is also trading below its ATH, but in its case, the drawdown is currently nowhere near as significant.<\/p>\n

\"Bitcoin<\/p>\n

Although Strategy\u2019s buying has seen a slowdown in terms of scale recently, it has nonetheless been regularly accumulating, cementing its place as by far the largest corporate Bitcoin holder in the world.<\/p>\n

In some other news, the supply of the largest stablecoin in the world, USDT<\/a>, has been witnessing some sharp growth, as Maartunn has pointed out in another X post<\/a>.<\/p>\n

\"USDT<\/p>\n

From the above chart, it\u2019s visible that USDT\u2019s market cap has witnessed a highly positive 60-day change, indicating a large amount of capital has flowed into the stablecoin during the last two months. The growth has been sharp enough to be notably above the 30-day simple moving average (SMA). The analyst has noted that this kind of trend is \u201chistorically linked to short-term BTC upside.\u201d<\/p>\n

BTC Price<\/h2>\n

Bitcoin has enjoyed a recovery surge over the last couple of days as its price has returned to the $115,500 level.<\/p>\n

\"Bitcoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin treasury company Strategy has continued its routine of weekly BTC buys with a fresh acquisition worth $43.4 million. Strategy Has Added Another 390 BTC To Its Bitcoin Reserves As announced by Strategy co-founder and chairman Michael Saylor in an X post, the treasury company has made another expansion to its reserves. The latest purchase […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-55205","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55205"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55205\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}