MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

[abaeze]

https://x.com/rovercrc/status/1977358437693428162?t=LTxQnpKMwYhUanD6_dBCKA&s=19

General subject: Every Monday of the week, I receive regular announcements about buying Bitcoin, you are cheap.

Buying Bitcoin can be done any day, not necessarily on Mondays, although some people are able to make regular purchases. But if you can do it every Monday, you're truly extraordinary, being able to consistently buy Bitcoin at the beginning of each week with an amount you can afford to invest. I wouldn't say that's a bad thing, because every Bitcoin purchase should be considered the best option and is very beneficial for those who make it, especially now that Bitcoin is starting to surpass $115,000 again after previously falling below $110,000.

This week's Bitcoin price trajectory may be very different, given the enthusiasm of investors and companies looking to buy more Bitcoin. Therefore, there are indications that Bitcoin's price increase to reach a new all-time high this month is possible if the market recovery continues from today onward, allowing everyone to smile broadly again.

They are really doing Bitcoin accumulation through DCA with extraordinary discipline and without listening to any noise. We have a lot to learn from this big company about investing. Although they can do this because of sufficient money. Patience, knowledge and right decisions for investment are the keys to success. Their goal is to long- term investment and buying dip for more accumulation.

[Free Market Capitalist]

They are really doing Bitcoin accumulation through DCA with extraordinary discipline and without listening to any noise.
...
Their goal is to long- term investment and buying dip for more accumulation.

Not just buying the dip, they are doing DCA no matter what the price is. As soon as they get cash. Saylor himself has repeatedly said that he will continue to buy the top forever because the price will continue to rise indefinitely. Therefore, today's top will look like a bargain in the future.

[Loyang]

They are really doing Bitcoin accumulation through DCA with extraordinary discipline and without listening to any noise.
...
Their goal is to long- term investment and buying dip for more accumulation.

Not just buying the dip, they are doing DCA no matter what the price is. As soon as they get cash. Saylor himself has repeatedly said that he will continue to buy the top forever because the price will continue to rise indefinitely. Therefore, today's top will look like a bargain in the future.

Saylor is a very intelligent person. He has never bought Bitcoin by looking at the price of Bitcoin. He has always been buying continuously by adopting the DCA method. He knows very well that if he waits for Bitcoin to fall, it will never be the right method. Because no one can tell when the market will fall. He knows this very well and that is why he always buys continuously and holds it for the long term. If we look at his purchase list, we can understand.

https://www.strategy.com/purchases?utm

[ASloveapg]

Strategy has acquired 220 BTC for ~$27.2 million at ~$123,561 per bitcoin and has achieved BTC Yield of 25.9% YTD 2025. As of 10/12/2025, we hodl 640,250 $BTC acquired for ~$47.38 billion at ~$74,000 per bitcoin.
https://x.com/saylor/status/1977706632567001430?s=19

[Free Market Capitalist]

Strategy has acquired 220 BTC for ~$27.2 million at ~$123,561 per bitcoin and has achieved BTC Yield of 25.9% YTD 2025. As of 10/12/2025, we hodl 640,250 $BTC acquired for ~$47.38 billion at ~$74,000 per bitcoin.
https://x.com/saylor/status/1977706632567001430?s=19

What surprised me about this is, on the one hand, the small size of the purchase and, on the other, that STRC's ATM is intact; they haven't sold a single one of the $42 billion that is planned for it. I suppose one thing explains the other. They haven't used the common stock ATM either, which is not so surprising. But with STRC trading between $99 and $100 last week, I don't know if they are waiting for it to reach $101 or higher to sell it.

[Light 10]

The Strategy page on BitcoinQuant now tracks Strategy’s Preferred Equity stack: STRC, STRD, STRF, STRK.

The building blocks of digital credit behind the world’s largest Bitcoin treasury.
https://www.talkimg.com/images/2025/10/13/UMMbrI.jpeg




https://x.com/rohanhirani_/status/1977754245358043180?t=NdXcUm2vdSZAFGdAa4B_Gw&s=19

[Popkon6]

Strategy has acquired 220 BTC for ~$27.2 million at ~$123,561 per bitcoin and has achieved BTC Yield of 25.9% YTD 2025. As of 10/12/2025, we hodl 640,250 $BTC acquired for ~$47.38 billion at ~$74,000 per bitcoin.
https://x.com/saylor/status/1977706632567001430?s=19

What surprised me about this is, on the one hand, the small size of the purchase and, on the other, that STRC's ATM is intact; they haven't sold a single one of the $42 billion that is planned for it. I suppose one thing explains the other. They haven't used the common stock ATM either, which is not so surprising. But with STRC trading between $99 and $100 last week, I don't know if they are waiting for it to reach $101 or higher to sell it.

This week, they bought very little Bitcoin, it is certain that their shares STRC ATM did not sell. Because they bought 196 Bitcoin on October 29th, and there was a gap of a week in between, they refrained from buying Bitcoin. Yesterday, Monday, we saw a list of 220 Bitcoin purchases from Michael Saylor's social media and www saylortracker.com was added. But it is certain that they did not sell shares in STRC ATM (although they have kept the dollars in reserve and I think they are looking for a big dip buying opportunity) because they are waiting for a price of 100+ dollars.
However, when STRC ATM buys Bitcoin from the dollars they sold these shares, we will definitely see a big Bitcoin purchase.

[The Sceptical Chymist]

They are really doing Bitcoin accumulation through DCA with extraordinary discipline and without listening to any noise.
...
Their goal is to long- term investment and buying dip for more accumulation.

Not just buying the dip, they are doing DCA no matter what the price is. As soon as they get cash.

That post my abaeze was absolute crap, just saying.  That's why the "DCA and buying the dip" is just blahblahblah stuff that he either doesn't understand is a contradiction or used a bot to write that stuff.

Saylor himself has repeatedly said that he will continue to buy the top forever because the price will continue to rise indefinitely.

Man, I'm not sure if I'd be comfortable saying that part in bold out loud to someone else.  Bitcoin's a relatively new technology that's undergoing some serious evolution in terms of adoption and everything else, but the main thing is that Saylor's crystal ball is no more accurate than mine or yours as far as bitcoin's concerned.  Sure, it's on fire now but sentiment could reverse in time or some other thing could happen to negatively impact it that no one saw coming. 

I remember when it was big, exciting news if new merchants started accepting bitcoin.  It was huge when the first purchase was made with it--you know, pizza, which has been inextricably linked with bitcoin?  Now there's a huge faction of the community acting like clapping seals when big corporations buy it for their treasuries or governments talk about bitcoin reserve funds.  Things just ain't what they used to be.

[Light 10]

82 acquisitions. $BTC is the universal M&A target.
https://www.talkimg.com/images/2025/10/14/UMRBbd.jpeg

The strategy has been acquiring additional Bitcoin every quarter since Q3 2020 in order to increase its Bitcoin Strategic Treasury Reserve - 82 acquisitions. Currently 640,250 BTC Holdings $73 Billion BTC NAV $47 Billion Total Acquisition Cost $74,000 Average BTC Purchase Price. On the other hand, you can see that Q3 20= 38.3 is the lowest it has been for a while, increasing as it has been increasing since Q2 25 =597.3 The last increase was 640.3 on October 12, 2025.

https://x.com/Strategy/status/1978130204867310065?t=0BxEjxSnWjt1E_MtNnVszg&s=19

[Loyang]

Strategy has acquired 220 BTC for ~$27.2 million at ~$123,561 per bitcoin and has achieved BTC Yield of 25.9% YTD 2025. As of 10/12/2025, we hodl 640,250 $BTC acquired for ~$47.38 billion at ~$74,000 per bitcoin.
https://x.com/saylor/status/1977706632567001430?s=19

What surprised me about this is, on the one hand, the small size of the purchase and, on the other, that STRC's ATM is intact; they haven't sold a single one of the $42 billion that is planned for it. I suppose one thing explains the other. They haven't used the common stock ATM either, which is not so surprising. But with STRC trading between $99 and $100 last week, I don't know if they are waiting for it to reach $101 or higher to sell it.

This week, they bought very little Bitcoin, it is certain that their shares STRC ATM did not sell. Because they bought 196 Bitcoin on October 29th, and there was a gap of a week in between, they refrained from buying Bitcoin. Yesterday, Monday, we saw a list of 220 Bitcoin purchases from Michael Saylor's social media and www saylortracker.com was added. But it is certain that they did not sell shares in STRC ATM (although they have kept the dollars in reserve and I think they are looking for a big dip buying opportunity) because they are waiting for a price of 100+ dollars.
However, when STRC ATM buys Bitcoin from the dollars they sold these shares, we will definitely see a big Bitcoin purchase.

According to some information, it is known that they have bought and sold some shares.

https://www.strategy.com/press/strategy-acquires-220-btc-and-now-holds-640250-btc_10-13-2025

https://www.businesswire.com/news/home/20251013837992/en/Strategy-Announces-ATM-and-BTC-Activity-Updates

Saylor has always been buying through DCA method, if we look at his purchase lists, we can understand. Saylor is a very intelligent and clever person, he will never sit on the unknown future. I think he will continue to buy in the future as he has been buying continuously in the past.

https://www.strategy.com/purchases

[Just Say]

This is truly pure conviction in Bitcoin, and it also appears that Michael Saylor's MicroStrategy has been buying Bitcoin every quarter since 2020, their continued buying for such a long time really shows strong faith because of the consistent quarterly move they have taken and that BTC stack is growing exponentially at the present time, and it is correct microstrategy saw significant gains, especially when the market hit new highs in October. So perhaps investors should be patient too, it should be thought that such patience could pay off in the long term. Honestly, I think they have a good understanding of market movements and risk management, as a result, they have the ability to maintain their strategy despite market fluctuations.

Michael Saylor's STRATEGY has bought Bitcoin in every quarter since Q3 2020

[Free Market Capitalist]

Man, I'm not sure if I'd be comfortable saying that part in bold out loud to someone else.  Bitcoin's a relatively new technology that's undergoing some serious evolution in terms of adoption and everything else, but the main thing is that Saylor's crystal ball is no more accurate than mine or yours as far as bitcoin's concerned.  Sure, it's on fire now but sentiment could reverse in time or some other thing could happen to negatively impact it that no one saw coming. 

Saylor's thesis, which I agree with, is that Bitcoin has no top because fiat has no bottom.

I remember when it was big, exciting news if new merchants started accepting bitcoin.  It was huge when the first purchase was made with it--you know, pizza, which has been inextricably linked with bitcoin?  Now there's a huge faction of the community acting like clapping seals when big corporations buy it for their treasuries or governments talk about bitcoin reserve funds.  Things just ain't what they used to be.

The thing is, back then people still thought that Bitcoin would become a global medium of exchange, whereas today it is clear that it has much more of a future as a store of value.

[Jostern]

https://x.com/rovercrc/status/1977358437693428162?t=LTxQnpKMwYhUanD6_dBCKA&s=19

General subject: Every Monday of the week, I receive regular announcements about buying Bitcoin, you are cheap.

Buying Bitcoin can be done any day, not necessarily on Mondays, although some people are able to make regular purchases. But if you can do it every Monday, you're truly extraordinary, being able to consistently buy Bitcoin at the beginning of each week with an amount you can afford to invest. I wouldn't say that's a bad thing, because every Bitcoin purchase should be considered the best option and is very beneficial for those who make it, especially now that Bitcoin is starting to surpass $115,000 again after previously falling below $110,000.

This week's Bitcoin price trajectory may be very different, given the enthusiasm of investors and companies looking to buy more Bitcoin. Therefore, there are indications that Bitcoin's price increase to reach a new all-time high this month is possible if the market recovery continues from today onward, allowing everyone to smile broadly again.

They are really doing Bitcoin accumulation through DCA with extraordinary discipline and without listening to any noise. We have a lot to learn from this big company about investing. Although they can do this because of sufficient money. Patience, knowledge and right decisions for investment are the keys to success. Their goal is to long- term investment and buying dip for more accumulation.

How do we really justify they are doing bitcoin accumulation through DCA, well it might actually be possible but considering the amount of money this big company have there is also a tendency they could actually be accumulating through the lump sum, because they would really appreciate buying bitcoin in large amounts, something we should also consider that they have this basic knowledge and understanding on how bitcoin could possibly, there is a huge possibility of this company becoming successful because they know how to make an investment in bitcoin and they possibly invest in a large amount, something investing in DCA is quite a reasonable approach.

[Ambatman]

Saylor's thesis, which I agree with, is that Bitcoin has no top because fiat has no bottom.

This just reminded me of the route that the Weimar Republic in Germany  took during their 1923 hyperinflation.
They changed currency.
What I'm saying is there's sometimes a limit to how much a currency can fall. A bottom
But the government can restart from again from a supposed top and continue the endless circle of printing.

I know changing currency alone wouldn't change anything
But just trying to add that government could change the currency
And impose that it's a thousand times more valuable than the previous
Happened in Hungary. 

[Jaksonhard]

STRC = TAX-FREE DIVIDENDS FOREVER?!?

Using Bitcoin, Saylor created STRC.

It currently pays MONTHLY dividends at a variable rate that is backed by ever-appreciating Bitcoin instead of shaky cash flows.
But is it also a tax-deferred yield reactor that legally outsmarts the IRS?!?
https://x.com/AdamBLiv/status/1978513382098788556?t=xkcQL5gPCNxnZgr17fX1tw&s=19

[Jaksonhard]

As we enter our next phase of growth, a key question is why preferred shares are a more powerful tool than issuing common stock. The answer lies in how we can continue increasing Bitcoin per share without depending on equity issuance. When a company raises common equity, it increases its Bitcoin holdings but also the number of shares. That dilution can slow Bitcoin per share growth. Preferred shares allow us to raise capital at a fixed dividend rate without increasing the number of common shares.
To understand the impact, we look at mNAV, which shows how the market values the company’s enterprise value relative to its Bitcoin holdings. Our objective is to increase Bitcoin per share while using capital efficiently.
When Bitcoin appreciates faster than the cost of capital, that difference compounds into greater Bitcoin per share and the benefit accrues to the common shareholders. Here is the simple math behind it:
Value of Bitcoin = (1 + Bitcoin annual growth)¹⁰

Preferred obligation = (1 + Dividend rate)¹⁰

Equivalent mNAV = (1 + Bitcoin annual growth)¹⁰ ÷ (1 + Dividend rate)¹⁰

If Bitcoin compounds at 30% a year and the preferred dividend is 6%, then (1.30¹⁰) ÷ (1.06¹⁰) = 8.6 times.

That means issuing 6% preferred shares would create the same long term effect as issuing new equity today at an mNAV level of 8.6x.

https://x.com/gerovich/status/1979039434806039027?t=K3tk2taLGdQnGMUJbLLL0Q&s=19

[IjawMan]

They are really doing Bitcoin accumulation through DCA with extraordinary discipline and without listening to any noise. We have a lot to learn from this big company about investing. Although they can do this because of sufficient money. Patience, knowledge and right decisions for investment are the keys to success. Their goal is to long- term investment and buying dip for more accumulation.

Saylors vision on buying bitcoin at whatever price he has the money available to buy is projected towards bitcoin future which has made him to regularly buy bitcoin at any price. He doesn't wait for a dip before buying to accumulate to what he already has in stash because he understands with confidence that the price we call high presently will be described as low in the future because bitcoin will ever keep rising.

[Free Market Capitalist]

But is it also a tax-deferred yield reactor that legally outsmarts the IRS?!?

No, it doesn't "outsmart" the IRS. If the IRS feels like it, it can make those dividends taxable every year, and in fact, people who are tax residents in other countries where there are no tax exemptions or deferrements for dividends pay tax on them, so STRC divididens don't “outsmarting” anything.

[fillippone]

STRC = TAX-FREE DIVIDENDS FOREVER?!?

Using Bitcoin, Saylor created STRC.

It currently pays MONTHLY dividends at a variable rate that is backed by ever-appreciating Bitcoin instead of shaky cash flows.
But is it also a tax-deferred yield reactor that legally outsmarts the IRS?!?
https://x.com/AdamBLiv/status/1978513382098788556?t=xkcQL5gPCNxnZgr17fX1tw&s=19

This is really interesting, but the thesis, albeit correct to the letter, seems strange in my opinion. Receiving a 10% monthly dividend without being taxed seems too good for me. (also in my particular Italian condition, those dividends get taxed twice).

[Popkon6]

STRC = TAX-FREE DIVIDENDS FOREVER?!?

Using Bitcoin, Saylor created STRC.

It currently pays MONTHLY dividends at a variable rate that is backed by ever-appreciating Bitcoin instead of shaky cash flows.
But is it also a tax-deferred yield reactor that legally outsmarts the IRS?!?
https://x.com/AdamBLiv/status/1978513382098788556?t=xkcQL5gPCNxnZgr17fX1tw&s=19

This is really interesting, but the thesis, albeit correct to the letter, seems strange in my opinion. Receiving a 10% monthly dividend without being taxed seems too good for me. (also in my particular Italian condition, those dividends get taxed twice).

Are you talking about paying taxes on Bitcoin dividends?
I agree that paying taxes on Bitcoin dividends is much better than paying taxes on Bitcoin, but (what if the price of Bitcoin is low and the amount of dividends on the holding is in deficit?) then what taxes will be paid on the capital?

Since we didn't see a large number of Bitcoin purchases last week with STRC stock sales, I think STRC stock is waiting for a higher price.