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Strategy has ended a 10-week Bitcoin buying hiatus, purchasing 4,603 BTC for $370 million. The move follows a $2 billion share sale to boost reserves.
Strategy has resumed its Bitcoin accumulation, purchasing 4,603 BTC for $369.7 million between August 24 and August 30 [1]. The acquisition marks the end of a 10-week pause in buying, signaling a return to the company’s treasury strategy after a period of selling holdings to manage liquidity and preferred stock obligations [3].
| At a glance | |
|---|---|
| BTC Purchased | 4,603 BTC |
| Total Cost | $369.7 million |
| Avg. Purchase Price | $80,318 |
| Total Holdings | 845,050 BTC |
The purchase was funded by proceeds from a mid-August capital raise, in which the company sold approximately 18.26 million shares for $2.01 billion [3]. This sale allowed Strategy to establish a $1.59 billion "USD Cash" reserve specifically earmarked for future Bitcoin acquisitions, while maintaining a total of $6.71 billion in combined dollar assets [1]. Prior to this, the company had been a net seller of Bitcoin since June 22, offloading roughly 7,000 BTC to cover dividend obligations and share repurchases [3].
The latest acquisition was executed at an average price of $80,318 per coin, which sits above the company’s long-term average cost basis of approximately $75,385 [1]. With this addition, Strategy’s total holdings have reached 845,050 BTC, representing roughly 4% of the total circulating supply [3]. The company continues to balance its digital asset treasury with the management of its STRC preferred stock, having recently repurchased $152 million of those shares to improve financial flexibility [1].
Bitcoin traded near $77,821 on Monday, following a weekly high of $81,281 [2]. The asset has recovered significantly from summer lows near $58,000, though it currently faces resistance in the $80,000 to $81,500 range [1]. Analysts are monitoring whether the price can maintain support between $76,000 and $77,000; a decline below this level could expose the asset to $74,000 [1].
Whether Strategy’s return to accumulation provides a sustained floor for Bitcoin prices depends on its ability to navigate the volatility between its $75,385 cost basis and current market resistance. The company’s shift toward "active capital management" suggests that future buying will remain tied to its ability to raise capital through equity markets rather than a fixed, automated schedule [2].
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 4 outlets · Sep 2, 2026 · How we report
MicroStrategy held 528,185 Bitcoins as of March 31, 2025. These assets were reported with a digital asset carrying value of $43,546,079.
The YieldMax MSTR Option Income Strategy ETF (MSTY) advertises an annualized distribution rate of 88.8% as of the provided source data. This yield is generated through the use of synthetic options and covered call strategies.
MicroStrategy does not offer any dividends or direct cash distributions to its stockholders. Investors seeking income exposure related to MicroStrategy often look toward derivative-based ETFs like MSTY.
MicroStrategy uses debt, equity, and operating cash flow to fund its Bitcoin purchases, effectively creating a leveraged claim on the asset. Because the stock price is highly correlated with Bitcoin's market performance, MicroStrategy is often treated as a proxy for the token's price action.