Bitcoin News Today: Strategy's Bitcoin Bet Rises as Crypto Suffers Historic Liquidation

Bitcoin treasury company Strategy (formerly MicroStrategy) added 220 BTC to its holdings last week, shelling out $27.2 million at an average price of $123,561 per coin, according to a press release'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[1]. The purchase, funded by proceeds from its perpetual preferred stock offerings, brings the firm's total Bitcoin stash to 640,250 BTC, valued at approximately $73 billion. This acquisition represents the company's latest move to capitalize on Bitcoin's record-breaking rally, which pushed the asset past $126,000 earlier this monthU.S.–China Tariff Easing Sparks Crypto Rebound — Can Bitcoin ...^[4].

The new BTC was acquired using proceeds from at-the-market sales of four perpetual preferred stock series-STRK, STRC, STRF, and STRD-with each offering structured to balance risk and reward'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[1]. STRK, for instance, offers an 8% non-cumulative dividend and conversion rights, while STRD, the highest-yield option at 10%, is non-convertible and carries the most risk'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[1]. These instruments are part of Strategy's expanded "42/42" capital-raising plan, which aims to secure $84 billion through equity and convertible notes by 2027 to fund further Bitcoin acquisitions'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[1].

The timing of the purchase coincided with heightened volatility in the crypto market. U.S. President Donald Trump's announcement of a 100% tariff on Chinese imports triggered a sharp sell-off, with Bitcoin plummeting below $110,000 on Friday before rebounding to trade above $114,000 by MondayTrump Crashes Crypto Markets With 100% Tariff On ...^[5]. The move, described as the largest liquidation event in crypto history, wiped $20 billion in positions and sent ripples through global equities and commodities markets. Strategy's stock (MSTR) fell 4.8% on Friday amid risk-off sentiment but rose 1.1% in pre-market trading on Monday'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[1].

Despite the turbulence, Strategy's CEO Michael Saylor remained bullish, tweeting "Don't Stop ₿elievin'" ahead of the purchase announcement'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[1]. The company's Bitcoin holdings, now representing over 3% of the total supply, have generated $3.89 billion in unrealized gains for the quarter ending September 30, though this is offset by a $7.43 billion deferred tax liability'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[1]. Analysts note that Strategy's ability to meet its growing dividend obligations-particularly for STRD, which requires $30 million in quarterly payouts-will depend on continued capital raisesStrategy Notches Third Smallest Bitcoin Purchase in 2025 as ...^[2].

The broader crypto market is also adjusting to the geopolitical landscape. Technical analysts highlight Bitcoin's resilience, with the asset breaking through key resistance levels and showing strong institutional inflowsU.S.–China Tariff Easing Sparks Crypto Rebound — Can Bitcoin ...^[4]. However, fears of a prolonged U.S.-China trade war and potential Fed rate cuts have introduced uncertainty. The CME's "FedWatch" tool now shows a 97.8% probability of a 25-basis-point rate cut in October, which could provide a tailwind for risk assetsTrump Crashes Crypto Markets With 100% Tariff On ...^[5].

Strategy's aggressive Bitcoin accumulation has positioned it as the largest corporate holder of the asset, outpacing rivals like MARA and Bullish'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[1]. As of Monday, 188 public companies had adopted some form of Bitcoin acquisition strategy, though none match Strategy's scale. With Bitcoin trading near $119,500 and institutional demand for crypto-backed instruments risingStrategy Notches Third Smallest Bitcoin Purchase in 2025 as ...^[2], the company's strategy appears to be gaining traction despite macroeconomic headwinds.

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