Strategy Slows Bitcoin Accumulation: Preparing for Prolonged Bear Market?

Wednesday Dec 3 2025 22:20

Duration

2 min

  1. 1. Strategy Slows Bitcoin Accumulation: A Sign of a Prolonged Bear Market?

  2. 1.1 Dramatic Decline in Monthly Purchases

  3. 1.2 Significant Purchase in November

  4. 1.3 Fortifications to Address Market Pressures

  5. 1.4 Challenges to Inclusion in Major Stock Market Indexes

  6. 1.5 Strategy's Engagement with MSCI

Strategy Slows Bitcoin Accumulation: A Sign of a Prolonged Bear Market?

A recent analysis by CryptoQuant reveals that Strategy, the largest corporate holder of Bitcoin, has significantly slowed its rate of cryptocurrency accumulation throughout 2025. CryptoQuant analysts interpret this move as preparation for a drawn-out bear market.

Dramatic Decline in Monthly Purchases

CryptoQuant's Wednesday report highlighted a dramatic monthly reduction in Bitcoin (BTC) purchases by Strategy since late 2024. According to the report, monthly purchases fell from 134,000 BTC at the 2024 peak to just 9,100 BTC in November 2025, and only 135 BTC so far this month. "A 24-month buffer makes one thing clear: they’re bracing for the bear market,” CryptoQuant commented.

Significant Purchase in November

Despite this overall slowdown, Strategy purchased 8,178 BTC for approximately $835.5 million on November 17, its largest purchase since July. This brings its total holdings to 649,870 BTC, valued at approximately $58.7 billion at the time of this writing.

Fortifications to Address Market Pressures

In November, Strategy CEO Phong Le stated that the company might consider selling some of its BTC to cover debt costs, but only if the company's stock falls below its net asset value (NAV), or if it loses access to financing. The company has also established a $1.4 billion cash reserve to meet its dividend payment obligations and debt service costs. The reserve should provide Strategy with a 12-month runway to meet its debt obligations, with plans to expand the reserve to build a 24-month buffer, the company stated.

Challenges to Inclusion in Major Stock Market Indexes

Strategy is also facing challenges in its bid for inclusion in major stock market indexes. MSCI, which sets eligibility criteria for many of these indexes, has proposed a policy change that would bar treasury companies holding 50% or more of their balance-sheet assets in crypto. Such a rule would cut off firms like Strategy from the passive inflows that come with index inclusion.

Strategy's Engagement with MSCI

Michael Saylor, the co-founder of Strategy, recently stated that Strategy is engaging with MSCI regarding the proposed policy change, which is set to take effect in January.

Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.

Default Author Avatar

Written by:

Emma Rose

Asset List

View Full List
Most Traded Commodities Indices Crypto Shares Forex
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now

Latest

View all
spacex-stock

Wednesday, 12 August 2026

Duration

7 min

SpaceX Stock Jumps 9.7% on Starlink and AI Push; LUNR Gains Ahead of Earnings

Tuesday, 11 August 2026

Duration

6 min

Gold Price Today, August 12, 2026: XAU/USD Rises 0.5% Near $4,400 Ahead of US CPI
What Factors Drive Crude Oil Price Fluctuations

Tuesday, 11 August 2026

Duration

5 min

Oil Nears $90 as Fading U.S.-Iran Deal Hopes Renew Hormuz Supply Fears

Latest news

gold-trading

Wednesday, 12 August 2026

Indices

Gold Price Today, August 13: Gold Climbs Above $4,400 as Cooler US CPI Cuts Fed Hike Bets

tsmc-stock

Wednesday, 12 August 2026

Indices

TSMC Stock Rises 1.7% as AI Infrastructure Rally Lifts Chip Sector

WTI vs Brent Crude Oil

Wednesday, 12 August 2026

Indices

Oil Prices Fall Over 1% as OPEC and IEA Cut 2026 Demand Forecasts

bank-of-japan

Wednesday, 12 August 2026

Indices

USD/JPY forecast: Rate gap limits impact of US and Japanese intervention

kospi

Wednesday, 12 August 2026

Indices

KOSPI Jumps Nearly 5% as SK Hynix Surges 7% and Asian Chip Rally Accelerates

Tuesday, 11 August 2026

Indices

Gold Price Today, August 12, 2026: XAU/USD Rises 0.5% Near $4,400 Ahead of US CPI

What Factors Drive Crude Oil Price Fluctuations

Tuesday, 11 August 2026

Indices

Oil Nears $90 as Fading U.S.-Iran Deal Hopes Renew Hormuz Supply Fears

nio stock news today

Tuesday, 11 August 2026

Indices

NIO Stock News Today: Shares Slide as BlackRock Trims Stake Despite Record ES9 Demand

sk-hynix

Tuesday, 11 August 2026

Indices

U.S. Stocks Fall as SpaceX Drops 3.9%, While SK Hynix Jumps 4.7%

USD/JPY forecast

Tuesday, 11 August 2026

Indices

USD to JPY Exchange Rate May Have Peaked, Eurizon Sees Yen Strengthening to 125

See all news