# Strategy Resumes Bitcoin Buying With 4,603 BTC Acquisition

**Published:** 2026-09-01T08:56:12.729Z  
**Topic:** Bitcoin  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/215c6eba-2ec8-4734-9eb4-fec8d5fe1286

Strategy has resumed Bitcoin accumulation, purchasing 4,603 BTC for $370 million. The firm now holds 845,050 BTC as it pivots back from a summer hiatus.

Strategy has resumed its Bitcoin accumulation program, acquiring 4,603 BTC for approximately $370 million between August 24 and August 30 [2, 3]. The move marks the company’s first purchase in roughly two months, signaling a shift back to growth after a summer period spent selling holdings to bolster its USD liquidity [1, 3].

| At a glance | |
|---|---|
| New BTC Added | 4,603 BTC |
| Total Holdings | 845,050 BTC |
| Average Purchase Price | $80,318 |
| Total USD Assets | $6.71 Billion |

## Funding the return to accumulation
The firm financed the acquisition by selling 4,531,421 MSTR shares through an at-the-market offering, which generated $602.8 million in net proceeds [3]. Beyond the Bitcoin purchase, Strategy allocated $151.8 million to repurchase STRC preferred stock and $50.7 million to related dividend payments, while adding $30 million to its unrestricted USD cash account [3]. This capital management strategy maintains the company’s net leverage at 0.0% [4].

The return to buying follows a period of divestment earlier in the summer, during which the company sold 6,948 BTC at an average price of approximately $62,250 per coin [3]. By repurchasing at an average of $80,318, the company has effectively bought back in at a price roughly 29% higher than its recent sales [3]. Despite this, the company’s total Bitcoin treasury is now valued at approximately $66.4 billion, turning green for the first time since May [1].

## Market positioning and price action
Bitcoin traded near $78,000 following the announcement, having recently failed to hold a push into the $79,000 supply zone [2, 4]. Market analysts have noted a period of sideways movement, with the asset currently testing support levels near $77,000 [4]. 

Strategy’s shift back to accumulation was contingent on the recovery of its share price, which had previously tumbled toward $75 as the company’s funding route via STRC preferred stock closed in June [1, 3]. With STRC recovering to over $97 by the end of last week, the company regained the capacity to utilize equity as a funding source for its treasury expansion [1, 3].

## What to watch
*   **Support levels:** Analysts are monitoring whether Bitcoin can maintain support at the $77,000 level; a break below this could signal a deeper pullback [4].
*   **Liquidity zones:** Market participants are observing the $79,000 supply zone, where recent attempts to break higher were met with rejection and a liquidity grab [4].
*   **Capital allocation:** The company retains $364.8 million in capacity under its preferred-stock repurchase program and $1 billion under its MSTR repurchase authorization, both of which could influence future treasury management [3].

The company’s ability to sustain this accumulation pace remains tied to the performance of its equity and the stability of its $6.71 billion USD reserve [3, 4]. Whether the firm continues to prioritize Bitcoin growth or balances further share buybacks will depend on the ongoing relationship between its stock price and the underlying value of its digital asset holdings [3].

## Sources
1. CryptoPotato — [Strategy Is Buying Bitcoin Again After 2-Month Pause: Here’s How Much](https://cryptopotato.com/strategy-is-buying-bitcoin-again-after-2-month-pause-heres-how-much/)
2. Crypto Briefing — [Strategy resumes Bitcoin buying, adding $370 million in BTC](https://cryptobriefing.com/strategy-buys-4603-bitcoin-for-370-million/)
3. Decrypt — [Strategy Buys $370M of Bitcoin in First Purchase Since June](https://decrypt.co/376924/strategy-buys-370m-of-bitcoin-in-first-purchase-since-june)
4. Blockonomi — [Strategy Buys $370M in Bitcoin as BTC Price Trades Near $78,000](https://blockonomi.com/strategy-buys-370m-in-bitcoin-as-btc-price-trades-near-78000/)

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Cite as: TrendWatcher, "Strategy Resumes Bitcoin Buying With 4,603 BTC Acquisition", https://www.trendwatcher.in/article/215c6eba-2ec8-4734-9eb4-fec8d5fe1286