MicroStrategy Slows Bitcoin Buys to 397 BTC Recovery Wanes

Published: 2025-11-04 02:22:25 |

MicroStrategy bought 397 Bitcoin (~$45.6m) at an average price of $114,771 each in early November. This slows its buying pace sharply from September’s 3,526 BTC and October’s 778 BTC, bringing total holdings to 641,205 BTC purchased for $47.49bn. CryptoQuant founder Ki Young Ju warns that reduced purchases by MicroStrategy and U.S. spot Bitcoin ETFs may drag on market momentum and delay a price recovery. Traders should watch institutional buying and ETF inflows closely for signals of renewed demand.

Bearish

MicroStrategy’s significant slowdown in Bitcoin accumulation reduces a key source of institutional demand at a time when spot ETF inflows are also weakening. This dip in buying pressure is likely to curb upward momentum and delay a price recovery in the short term. Unless large-scale purchases resume, the lack of fresh institutional capital points to a bearish mid-term outlook. However, any renewed demand could reverse this trend over the long term.