URGENT UPDATE: Strategy, the world’s largest Bitcoin treasury company, has dramatically reduced its Bitcoin purchases, signaling a serious shift in market strategy as it braces for a potential bear market. Recent data shows a staggering plunge in monthly Bitcoin buys—from 134,000 BTC at its peak in 2024 to just 9,100 BTC in November 2025, with only 135 BTC purchased so far this month.
Analysts at CryptoQuant are interpreting this slowdown as a clear indication that Strategy is preparing for a drawn-out downturn in the cryptocurrency market. The company’s cumulative Bitcoin holdings now stand at 649,870 BTC, valued at approximately $58.7 billion as of now, following a significant purchase of $835.5 million on November 17, its largest since July.
The urgency of this development cannot be overstated. As Bitcoin prices fluctuate and the crypto treasury market faces challenges, Strategy’s stock is under pressure. CEO Michael Saylor remains resolute, stating he “won’t back down” from his Bitcoin investment despite the looming pressures to cover debt obligations and maintain financial stability.
The company has outlined a strategy to create a 12-month reserve to meet its debt service costs, with plans to extend this buffer to 24 months. However, Strategy’s potential removal from major stock market indexes poses added risk. The MSCI has proposed new eligibility criteria that could exclude firms like Strategy from passive investment inflows, potentially leading to outflows of up to $8.8 billion.
Market watchers are advised to keep a close eye on these developments. The decision to slow purchases reflects a cautious approach as the company navigates an uncertain landscape. The implications of these moves could resonate throughout the cryptocurrency industry, affecting investor confidence and market dynamics.
As Strategy adjusts its strategy amidst these turbulent conditions, the question remains: what will be the next step in this evolving narrative? Stay tuned for updates as this situation develops.
