Bitcoin News Today: Strategy Inc. Defies 8.4% Bitcoin Plunge, Adds 220 BTC in Volatile Week

Strategy Inc., the world's largest public holder of Bitcoin, has acquired an additional 220 BTC for $27.2 million at an average price of $123,561 per bitcoin during the week of October 6–12, bringing its total holdings to 640,250 BTC. The purchase, funded through proceeds from the company's at-the-market (ATM) equity programs, underscores its unwavering commitment to Bitcoin as a strategic reserve asset despite recent market turbulenceStrategy Boosts Bitcoin Holdings to 640,250 BTC After $27.2M …^[1].

The company's STRF, STRK, and STRD ATM programs raised approximately $27.3 million in total notional value during the period. The STRF program generated $19.8 million from 170,663 shares, while STRK and STRD contributed $1.7 million and $5.8 million, respectivelyStrategy Boosts Bitcoin Holdings to 640,250 BTC After $27.2M …^[1]. These financing mechanisms have become central to Strategy's accumulation strategy, allowing it to convert equity proceeds into Bitcoin while maintaining flexibility for future issuances. As of October 12, the firm retains over $44 billion in available capital across its preferred and common stock classes, providing ample room for further purchasesStrategy Boosts Bitcoin Holdings to 640,250 BTC After $27.2M …^[1].

The latest acquisition occurred amid a volatile market environment. Bitcoin surged to an all-time high above $126,200 earlier in the week before plunging to $107,000 amid fears of U.S.-China trade tensions following President Donald Trump's announcement of 100% tariffs on Chinese goods. The move triggered a historic liquidation event, wiping out over $19 billion in leveraged positions and sending Bitcoin down 8.4% in a single dayMichael Saylor’s Strategy Inc. Buys 220 BTC Amid Market Dip^[4]. Strategy's purchase, however, reflected a contrarian approach. "Don't Stop ₿elievin'," tweeted Michael Saylor, the company's co-founder and executive chairman, signaling confidence in Bitcoin's long-term trajectory despite short-term headwinds'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[2].

The firm's Bitcoin portfolio, valued at $73.21 billion, now represents a 25.9% yield year-to-date, calculated as the ratio of holdings to diluted shares outstanding. This yield highlights the growing institutional conviction in Bitcoin, particularly as corporate treasuries increasingly adopt digital assets. Competitors such as MicroStrategy, MARA Holdings, and Coinbase also maintain significant Bitcoin reserves, but Strategy's 640,250 BTC holdings-exceeding 3% of the total supply-cement its leadership in the corporate Bitcoin space'Don't stop ₿elievin': Strategy spends $27 million buying the dip as ...^[2].

Market analysts remain divided on Bitcoin's near-term outlook. While some point to technical indicators like the "golden cross" and oversold conditions as bullish signalsMichael Saylor’s Strategy Inc. Buys 220 BTC Amid Market Dip^[4], others warn of prolonged volatility amid geopolitical risks and leveraged positioning. Strategy's continued accumulation, however, suggests it views dips as opportunities to enhance its treasury's value. "Bitcoin's role as a hedge against macro uncertainty is becoming clearer," said one analyst, noting that firms like Strategy are redefining corporate balance sheetsStrategy Boosts Bitcoin Holdings to 640,250 BTC After $27.2M …^[1].

As the crypto market digests the tariff-driven selloff, Strategy's actions highlight the maturation of Bitcoin as an institutional asset. With its expansive capital runway and disciplined accumulation approach, the company is poised to further entrench itself in the digital-asset landscape-regardless of short-term fluctuations.