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Tom Lee Says MSTR Could Become 'One Of the Largest Companies' As Strategy Adds $800M In Bitcoin - Strategy (NASDAQ:MSTR)
Benzinga· 2025-11-17 15:51
Core Insights - Strategy Inc. disclosed a significant Bitcoin purchase of $835.6 million for the week ending Nov. 16, acquiring 8,178 BTC at an average price of $102,171 per coin [1][5][7] - Tom Lee suggested that Strategy Inc. could become one of the largest companies globally if Bitcoin reaches seven figures, emphasizing that the company's valuation is primarily based on its Bitcoin holdings rather than net income [2][4] - The company holds a total of 649,870 BTC, purchased at a total cost of $48.37 billion, with a blended average price of $74,433 [8] Company Valuation and Market Position - Tom Lee compared Strategy Inc. to Exxon Mobil Corp., stating that it could replace Exxon in market lore due to its Bitcoin holdings [3] - The company's aggressive Bitcoin accumulation strategy follows a volatile period in the cryptocurrency market, with all net proceeds from preferred stock sales directed towards Bitcoin purchases [8] Stock Performance and Market Sentiment - Despite the large Bitcoin purchase, Strategy Inc. shares are experiencing intense selling pressure, trading near $200 after breaking several major support levels [11] - The stock has shown a consistent pattern of lower highs and lower lows since August, indicating a bearish trend [12] - Key support levels are identified at $195, with potential for a deeper fall if this level is breached [14]
Michael Saylor’s Strategy Buys 8,178 Bitcoin, BTC Reversal Soon?
Yahoo Finance· 2025-11-17 15:40
Core Viewpoint - Michael Saylor's Strategy has made a significant Bitcoin purchase of 8,178 BTC, reinforcing its commitment to holding Bitcoin despite market volatility [1][2][4] Group 1: Company Actions - Strategy has acquired an additional 8,178 BTC for approximately $835.6 million, at an average price of about $102,171 per Bitcoin [2] - The total Bitcoin held by Strategy as of November 16, 2025, is 649,870 BTC, with a total cost of around $48.37 billion, averaging $74,433 per BTC [3] - Saylor has publicly rejected rumors of selling BTC during recent price corrections, asserting that the company is "HODLing with diamond hands" [4] Group 2: Market Context - Bitcoin is currently trading around $93,500, having experienced a loss of over 10% in the past week [7] - The MSTR stock price has declined by 2.28% in pre-market trading, currently trading at approximately $195 [4] - Analysts suggest that MSTR stock could drop further to $120 if market conditions do not improve [5] Group 3: Competitive Landscape - In contrast to Strategy's buying strategy, major asset managers like BlackRock are selling significant amounts of Bitcoin, with a recent sell-off of $450 million [8]
X @CoinDesk
CoinDesk· 2025-11-17 13:43
🔥 JUST IN: Michael Saylor’s Strategy added 8,178 BTC last week.The company now holds 649,870 BTC with an average price of $74,433 per BTC. https://t.co/B6qC3rZObn ...
Billionaire Michael Saylor’s Strategy Adds $835.6M in Bitcoin at $102K Average
Yahoo Finance· 2025-11-17 13:36
Core Insights - Strategy, a bitcoin-focused holding company led by billionaire Michael Saylor, has significantly increased its BTC holdings with a recent purchase of 8,178 BTC for $835.6 million, bringing its total to 649,870 BTC as of November 16, 2025 [1][2][3] Group 1: Recent Purchases - The recent acquisition of 8,178 BTC was made at an average price of $102,171 per bitcoin, reflecting the company's ongoing strategy of accumulating bitcoin as a long-term reserve asset [2][3] - This purchase is part of a consistent accumulation pattern, even as bitcoin trades above $100,000, indicating the company's strong conviction in bitcoin's value compared to traditional financial instruments [3] Group 2: Financing Strategy - To finance the latest bitcoin purchases, the company utilized proceeds from the sale of preferred and common stock, generating $136.1 million in net proceeds from preferred stock sales during the period of November 10 to November 16 [5][6] - The capital raised allows the company to continue its large-scale BTC accumulation without significantly increasing its debt leverage [6] Group 3: Total Holdings and Cost Basis - Following the latest purchase, Strategy's total bitcoin holdings have a cost basis of $48.37 billion, with an average purchase price of $74,433 per bitcoin, which remains below current market levels [2][7] - The company now holds one of the largest corporate bitcoin treasuries globally, reflecting a long-term strategy of steady accumulation through various market cycles [7]
X @Cointelegraph
Cointelegraph· 2025-11-17 13:30
🔥 JUST IN: Strategy bought 8,178 $BTC worth ~$835.6M.They now hold 649,870 $BTC. https://t.co/gHsmwrwLnz ...
X @Xeer
Xeer· 2025-11-17 13:29
bro is the only reason we're holding above 90k rn 😭Michael Saylor (@saylor):Strategy has acquired 8,178 BTC for ~$835.6 million at ~$102,171 per bitcoin and has achieved BTC Yield of 27.8% YTD 2025. As of 11/16/2025, we hodl 649,870 $BTC acquired for ~$48.37 billion at ~$74,433 per bitcoin. $MSTR $STRC $STRD $STRE $STRF $STRK https://t.co/HI1TeYOvQ9 ...
X @Watcher.Guru
Watcher.Guru· 2025-11-17 13:26
JUST IN: Michael Saylor's 'Strategy' buys 8,178 Bitcoin worth $835 million. ...
X @Michael Saylor
Michael Saylor· 2025-11-17 13:26
Strategy has acquired 8,178 BTC for ~$835.6 million at ~$102,171 per bitcoin and has achieved BTC Yield of 27.8% YTD 2025. As of 11/16/2025, we hodl 649,870 $BTC acquired for ~$48.37 billion at ~$74,433 per bitcoin. $MSTR $STRC $STRD $STRE $STRF $STRK https://t.co/HI1TeYOvQ9 ...
加拿大养老金计划投资委员会(CPPIB)在 2025 年第三季度新建仓 Strategy
Xin Lang Cai Jing· 2025-11-17 13:24
吴说获悉,据 SEC 最新 13F 披露数据,加拿大养老金计划投资委员会(CPPIB)在 2025 年第三季度新 建仓 Strategy(MSTR),持有 393,322 股。按季度末价格计算市值约 1.27 亿美元;以当前股价估算约 为 8,000 万美元。 (来源:吴说) 来源:市场资讯 ...
X @Wu Blockchain
Wu Blockchain· 2025-11-17 13:03
According to the latest SEC 13F filings, the Canada Pension Plan Investment Board (CPPIB) opened a new position in MicroStrategy (MSTR) in Q3 2025, holding 393,322 shares. The stake was worth roughly $127 million at the end of the quarter, and is valued at around $80 million at current prices. https://t.co/bsQRnjTh38 ...