# Strategy Resumes Bitcoin Buying With $370 Million Acquisition

**Published:** 2026-09-02T09:58:50.185Z  
**Topic:** Microstrategy Bitcoin  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/c0a3baea-581f-463d-a508-10c9f029effb

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 |

## Liquidity and capital management
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].

## Market positioning
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].

## What to watch
*   **Support and Resistance:** Market participants are tracking the $76,000–$77,000 support zone and the $80,000–$81,500 resistance ceiling [1].
*   **Economic Data:** Investors are monitoring the September 4 jobs report for potential signals regarding future Federal Reserve policy, which may influence broader market sentiment [1].
*   **Treasury Deployment:** With over $1 billion in "dry powder" remaining from its recent share sales, the company’s capacity to continue aggressive accumulation remains a key factor for market observers [3].

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].

## Sources
1. KuCoin — [Strategy Resumes Bitcoin Buying After 10-Week Pause, Acquires ...](https://www.kucoin.com/news/flash/strategy-resumes-bitcoin-buying-after-10-week-pause-acquires-370m-btc)
2. Bitcoin Magazine — [Strategy Resumes Bitcoin Buying After 10-Week Hiatus](https://bitcoinmagazine.com/news/strategy-resumes-bitcoin-buys)
3. Crypto Briefing — [Strategy buys 4,603 Bitcoin for $370M, ending 10-week buying ...](https://cryptobriefing.com/strategy-buys-bitcoin-370m-pause-ends/)
4. Cryptocrunchapp — [Strategy Resumes Bitcoin Buying After 10-Week Hiatus](https://cryptocrunchapp.com/bitcoinmagazine/strategy-resumes-bitcoin-buying-after-10-week-hiatus/)

---
Cite as: TrendWatcher, "Strategy Resumes Bitcoin Buying With $370 Million Acquisition", https://www.trendwatcher.in/article/c0a3baea-581f-463d-a508-10c9f029effb