MicroStrategy’s October Bitcoin Purchases Fall to 778 BTC

Published: 2025-10-28 02:15:04 |

MicroStrategy’s October Bitcoin purchases tumbled to just 778 BTC—a 78% drop from September’s 3,526 BTC. Last week alone, the firm bought 390 BTC for $43.3 million at an average price of $111,117 per coin. This brings its holdings to 640,808 BTC acquired for $47.4 billion at an average cost of $74,032 each. CryptoQuant analysts attribute the slowdown to funding constraints: the premium on MicroStrategy stock plunged from 208% to 4%, limiting new capital. Despite this, the company has invested $19.53 billion in Bitcoin so far this year and aims to exceed last year’s $21.76 billion record. Meanwhile, MSTR shares have slid from a July peak near $456 to below $280. Traders will watch if MicroStrategy can ramp up accumulation into 2025—and how that may influence Bitcoin’s market.

Bearish

The sharp slowdown in MicroStrategy’s Bitcoin accumulation reduces one of the largest institutional demand sources. A 78% month-on-month drop to 778 BTC signals weaker buying pressure, which may weigh on Bitcoin’s short-term price. Although long-term targets remain intact, the immediate funding constraints and share-price decline suggest limited upward momentum. Traders should monitor if renewed capital raising in 2025 can restore demand and stabilize the market.