BTC Purchase: Strategy Inc Buys 397 and 487 BTC in Two Weeks
Strategy Inc (NASDAQ: MSTR) continued its weekly bitcoin purchase program, acquiring 397 BTC for $45.6 million in the week of October 27–November 2. The firm then added 487 BTC for $49.9 million during November 3–9.
These bitcoin purchases highlight strong institutional demand and reinforce BTC as a treasury asset. Sustained corporate buying can tighten market supply and support upward price momentum. Traders should watch these inflows for short-term market dynamics.
Bullish
Strategy Inc’s consecutive weekly bitcoin purchases signal sustained institutional demand, reducing available market supply. In the short term, these large inflows can tighten liquidity and create upward pressure on Bitcoin prices. Historically, repeated corporate acquisitions have coincided with bullish momentum as traders anticipate constrained inventory.
Over the long term, Strategy Inc’s commitment to Bitcoin as a treasury asset could strengthen market confidence. Consistent institutional buying often attracts further investment and validates Bitcoin’s role as a store of value. This dynamic supports a positive outlook for price appreciation and market stability.