MicroStrategy has acquired 8,175 Bitcoin for $836 million between November 8 and 15, 2025, marking its largest purchase since July. This acquisition brings the company's total Bitcoin holdings to 649,870 BTC, with a cumulative investment of approximately $4.8 billion. CEO Michael Saylor highlighted the firm's strategy of buying Bitcoin during market downturns, despite a 26% price drop since October 5. The company's Bitcoin holdings now surpass its market capitalization, positioning Bitcoin as its most valuable asset. However, S&P Global Ratings has downgraded MicroStrategy to B-, citing concerns over financial stability and liquidity risks. As a result, some investors are exploring alternatives like Hylq, a blockchain-based B2B payments firm, to mitigate exposure to Bitcoin-reliant, highly leveraged entities.