# Strategy Resumes Bitcoin Buys After Two-Month Pause

**Published:** 2026-09-02T08:59:16.834Z  
**Topic:** Bitcoin  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/d26b060e-0b2d-4478-bd54-5632fc161bac

Strategy purchased $370 million in Bitcoin at an average of $80,300 per BTC, ending a two-month hiatus. The move follows a 23% Bitcoin rally in August.

Software company Strategy, formerly MicroStrategy, has resumed its Bitcoin purchases after a two-month pause, acquiring 4,603 BTC for $369.7 million between August 24 and August 30 [2, 4]. This latest acquisition, at an average price of $80,318 per coin, marks a shift back to accumulation after the company focused on building cash reserves and managing its capital actively since June [2, 4].

| At a glance | |
|---|---|
| Bitcoin Purchase | $369.7 million [2] |
| Average Price | $80,318 per BTC [2] |
| Acquisition Period | August 24-30 [2] |
| Strategy Shares (MSTR) | Up nearly 3% [1] |

## Strategy's Evolving Approach

Strategy's recent Bitcoin purchase was funded by selling newly issued MSTR shares [1]. The company also used proceeds from these sales to pay dividends, repurchase STRC shares, and add $30 million to its cash balance [1]. This marks a departure from its previous reliance on debt issuance for Bitcoin acquisitions, a strategy that faced increasing shareholder pressure as MSTR shares fell over 60% in the past year [1].

The company's CEO, Phong Le, stated in June that Strategy is moving towards "active capital management," aiming to issue securities when capital is attractive and repurchase them when beneficial [2, 4]. This new flexibility is intended to create shareholder value and strengthen the company's market standing [2, 4]. Strategy now holds $5.1 billion in its USD Reserve and $1.61 billion in its new USD Cash reserve [2, 4].

## Bitcoin's Recent Performance and Strategy's Holdings

Strategy's renewed buying coincides with a rebound in Bitcoin's price. Bitcoin was trading at approximately $78,800 on Monday, August 31, after jumping more than 23% in a single day on August 21 [1]. This surge pushed Bitcoin above $79,000 for the first time since May [1]. Bitcoin hit a high of $81,281 last week and was trading at $77,821 on Monday morning in New York [2, 4]. Over a 30-day period, Bitcoin has climbed more than 24% [2, 4].

Strategy now holds 845,050 bitcoins, valued at $65.8 billion at current prices [2, 4]. The company has spent over $63.7 billion on Bitcoin acquisitions since August 2020, making it the largest corporate holder of Bitcoin globally [2, 4]. The recent rally has also pushed the value of Strategy's Bitcoin holdings back above its aggregate purchase price, reversing prior paper losses [1].

## What to watch

*   **Bitcoin Price Levels:** Monitor Bitcoin's ability to sustain levels above $79,000, a mark it reclaimed in late August [1].
*   **Strategy's Capital Management:** Observe how Strategy balances new share issuance with share repurchases and potential Bitcoin sales to manage its financial obligations and continue its acquisition strategy [2, 4].
*   **STRC Performance:** Track the performance and investor reception of STRC, Strategy's dividend-paying share class designed to attract income-focused investors and provide another source of cash for Bitcoin purchases [1].

Strategy's return to Bitcoin accumulation, funded by equity sales, signals an adaptation of its treasury strategy amid a recovering crypto market and evolving shareholder expectations.

## Sources
1. Fortune — [Bitcoin is back—and so is Michael Saylor’s Strategy, which made its first buy in two months | Fortune](https://fortune.com/2026/08/31/bitcoin-michael-saylors-strategy-first-buy-two-months/)
2. Bitcoinmagazine — [Strategy Resumes Bitcoin Buying After 10-Week Hiatus](https://bitcoinmagazine.com/news/strategy-resumes-bitcoin-buys)
3. CNBC — [Strategy buys bitcoin after hiatus](https://www.cnbc.com/video/2026/08/31/strategy-buys-bitcoin-after-hiatus.html)
4. Bitcoinseats — [Strategy Resumes Bitcoin Buying After 10-Week Hiatus | www.BitcoinSeats.com](https://www.bitcoinseats.com/strategy-resumes-bitcoin-buying-after-10-week-hiatus/)

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Cite as: TrendWatcher, "Strategy Resumes Bitcoin Buys After Two-Month Pause", https://www.trendwatcher.in/article/d26b060e-0b2d-4478-bd54-5632fc161bac