Michael Saylor’s Strategy Buys 8,178 Bitcoin, BTC Reversal Soon?

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]