CryptoQuant: The strategy is ready for the bear market by reducing Bitcoin purchases

2025-12-04 00:50:04

CryptoQuant reports that Strategy has shifted from an aggressive Bitcoin buying strategy to a more cautious approach, prioritizing liquidity amid the market’s sharpest decline of 2025. The company’s monthly Bitcoin purchases have plummeted, from a peak of 134,000 BTC at the end of 2024 to just 9,100 BTC in November 2025, and only 135 BTC this month. Nevertheless, on November 17, Strategy still executed a purchase of 8,178 BTC worth $835.5 million, raising its total holdings to nearly 650,000 BTC.

The company has also set up a $1.4 billion cash reserve to ensure the payment of dividends and debts for at least the next 12 months. Meanwhile, Bitcoin is currently trading around the estimated production cost of about $92,300, which is considered the market’s “fair value” at this time.

BTC-0.15%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.