The purchase activity #bitcoin of #strategy collapsed in 2025.
Monthly purchases have dropped from 134,000 BTC at the peak in 2024 to only 9.1,000 BTC in November 2025, down to just 135 BTC this month.
The 24-month backup period clearly shows one thing: they are preparing for a bear market.

BTCUSDT
Perp
89,316.9
+0.03%
