Strategy Buys Another 8,178 BTC Amid Uncertainties — Now Holding 649,870 BTC Strong

Strategy acquired 8,178 Strategy’s previous bitcoin acquisition BTC for approximately $835.6 million at $102,171 per bitcoin, pushing its total holdings to 649,870 BTC. The purchase arrived as bitcoin slipped below $93,000 on November 16, 2025, triggering a death cross pattern.

The company has achieved a BTC yield of 27.8% year-to-date in 2025. Its total bitcoin position was acquired for roughly $48.37 billion at an average price of $74,433 per bitcoin.

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 $STRK $STRF $STRD $STREhttps://t.co/72HMHUH2fa

— Strategy (@Strategy) November 17, 2025

Strategy chairman Michael Saylor announced the purchase on Monday, November 17, following his Sunday social media post promising a “₿ig Week.” The timing coincided with significant market turbulence across the cryptocurrency sector.

Saylor’s Strategy Calls Market Bottom as Liquidation Pressure Eases

Michael Saylor told real estate investor and bitcoin advocate Grant Cardone that bitcoin has found its floor. He stated that “most of the liquidation selling is out of the system” during their latest interview.

Cardone questioned where bitcoin might head next and how low it could fall in the current cycle. Saylor responded that he views the market as stabilizing around current levels and expects the asset to rally from current prices.

The Strategy chairman emphasized his focus on long-term investment horizons.

If you make decisions with a 12-month or less time frame, you’re a trader, I have zero advice for you.

Saylor stated.

He added that entrepreneurs and investors should maintain a time frame of four years or longer. The executive suggested a four to 10-year outlook for those building positions in bitcoin.

Saylor grounded his assessment in the view that forced selling had largely concluded. He believes months of deleveraging have worked through the market, clearing the path for recovery.

Market Faces Brutal Dip Following October Highs

Between November 14 and 17, 2025, bitcoin fell from early-October highs around $126,000 down to the low-$90,000 region. The asset briefly touched bitcoin’s struggle to maintain $100K lows near $93,000, erasing much of 2025’s gains.

The sharp decline triggered hundreds of millions in liquidations across leveraged positions. Exchange-traded fund outflows accelerated as institutional investors reduced exposure to digital assets.

Market liquidity dried up during the selloff as participants rotated away from risk assets. Weaker-than-expected Federal Reserve rate-cut odds contributed to the bearish sentiment across cryptocurrency markets.

A broader macro risk-off environment emerged with rotation away from technology and AI stocks. Dollar strength added additional pressure to bitcoin and alternative assets during the period.

Meanwhile, bitcoin flashed a death cross on Sunday, November 16, after its 50-day moving average dipped below the 200-day moving average. The technical pattern amplified fear among market participants.

Analysts Benjamin Cowen and Rekt Fencer argue that previous death crosses have often marked local lows rather than market tops. Historical patterns suggest the indicator may signal a buying opportunity.

Bitcoin had a death cross today.

Note that prior death crosses marked local lows in the market.

Of course, when the cycle is over, the death cross rally fails.

The time for Bitcoin to bounce if the cycle is not over would be starting within the next week.

If no bounce occurs… pic.twitter.com/Rg8pSxYMva

— Benjamin Cowen (@intocryptoverse) November 16, 2025

The timing of the next bounce could prove critical for bitcoin’s near-term trajectory. Analysts warn that if BTC does not rally within seven days, another leg down could precede a larger recovery.

The asset faces key support in the low-$90,000 region following the recent selloff. Resistance levels remain clustered between $100,000 and $105,000 based on recent price action.

Short-term forecasts hinge on whether forced selling has truly concluded or if additional liquidation pressure remains in the system. Volume patterns will provide clarity on accumulation versus distribution dynamics.

Bitcoin’s price trajectory appears neutral to slightly bearish in the immediate term, with potential for recovery dependent on stabilization above $93,000 support.