Michael Saylor’s Strategy Adds $49.9M in BTC as the Bullish Outlook Built Around the Company Amid the BTC Yield

Key Takeaways

• According to the latest SEC Form 8-K filing on Monday, November 10, Michael Saylor’s Strategy acquired 487 BTC worth $49.9 million.
• The company announced that its aggregate Bitcoin holding is 641,692 BTC, with an aggregate purchase price of $47.54 billion at $74,079 per Bitcoin.
• Following the company’s Bitcoin yield, the analysts are bullish on Strategy Inc. (MSTR) with price targets $474 to $600.
• The current acquisitions show enhanced confidence in Bitcoin.
• The investors are optimistic about Bitcoin, with industry leaders such as Tom Lee predicting Bitcoin hitting $150K to $200K at the end of the year.
• Robert Kiyosaki, the author of Rich Dad Poor Dad, predicted a target of $250,000 for Bitcoin in the upcoming year.

Strategy Continues to Accumulate Bitcoin as Its Holdings Hit 641,692 BTC

According to the latest SEC Form 8-K filing on Monday, November 10, Michael Saylor’s Strategy acquired 487 BTC worth $49.9 million during the period November 3 to November 9. The tokens were purchased at an average price of 102,557. The company announced that its aggregate bitcoin holding is 641,692 BTC, with an aggregate purchase price of $47.54 billion at $74,079 per bitcoin as of November 9.

Michael Saylor, in his post on X, clarified the same. 

Strategy has acquired 487 BTC for ~$49.9 million at ~$102,557 per bitcoin and has achieved BTC Yield of 26.1% YTD 2025. As of 11/9/2025, we hodl 641,692 $BTC acquired for ~$47.54 billion at ~$74,079 per bitcoin. $MSTR $STRC $STRD $STRE $STRF $STRK https://t.co/jTEikuB5RY

— Michael Saylor (@saylor) November 10, 2025

The company had acquired Bitcoin three times in the past month. The Strategy added bitcoin worth around $27.18 million, $18.8 million, and $43.34 million on October 13, 20, and 27, respectively.

According to publicly available market data, the company reportedly added 397 BTC worth around $45.56 million in the past week, on November 3, as well. 

Strategy Gathers Investors’ Attention & Bullish Outlook Amid the BTC Yield

The analysts are bullish on Strategy Inc. (MSTR) with price targets $474 to $600. The bullish projections are driven by the company’s Bitcoin yield. The price targets, which are way higher than the current $238.88, clearly show the enhanced confidence from investors in the Strategy’s acquisitions. Besides, despite the crypto market reeling under pressure and facing high volatility, Bitcoin is projected to hit $120k to $200k under a bullish scenario.

Bitcoin yield strategy is the company’s core growth driver; they are aiming for a 30% yield target by 2025. Canaccord Genuity is keeping a bullish outlook for the Strategy with a price target of $474. 

Jim Chanos Confirms Unwinding Short on Strategy

The famous investor Jim Chanos, founder of Kynikos Associates, exited his bet against the company and confirmed it on November 8. He gathered a lot of attention in the investment circle with his strategy of going short on Strategy’s stock (MSTR) while going long on Bitcoin.

According to him, the Strategy’s stock was overvalued in comparison with the bitcoin it holds. The legendary investor who predicted the collapse of Enron in 2001 closed his bet profitably. The closing of a short position suggests that critics now believe that the Strategy’s overvaluation gap has narrowed.

Final Thoughts on Strategy’s Acquisitions & Bitcoin Price

The Strategy stepping up its bitcoin acquisition clearly shows long-term confidence in the most valued digital currency, often dubbed digital gold. The bullish outlook on the company also reflects increased institutional confidence in the Bitcoin treasury holdings. 

However, Bitcoin is currently outperforming the broader crypto market. The token is currently trading at around $105k level, and the market cap touched $2.09 trillion. The price has gone down from yesterday’s $106k level. 

The current dip is attributed to profit-taking after the Bitcoin rally following the updates regarding the end of the U.S. government shutdown. The senators have reached an initial agreement to end the longest shutdown in U.S history on Sunday, November 9, sending bullish signals to the crypto market, which was under pressure due to macro uncertainties. 

Despite the current pullback, the investors are optimistic about bitcoin. Tom Lee, Chairman of BitMine, predicted Bitcoin hitting $150K to $200K at the end of the year. 

CRASH COMING: Why I am buying not selling.

My target price for Gold is $27k. I got this price from friend Jim Rickards….and I own two goldmines.

I began buying gold in 1971….the year Nixon took gold from the US Dollar.

Nixon violated Greshams Law, which states “When fake…

— Robert Kiyosaki (@theRealKiyosaki) November 9, 2025

Robert Kiyosaki, the author of Rich Dad Poor Dad, predicted a target of $250,000 for Bitcoin in the upcoming year in his X post. It’s also worth noting that he also warned about an impending market crash.