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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
09/01/2026

Strategy Resumes Bitcoin Accumulation With $370M Purchase After 10-Week Pause

What happened: Strategy (formerly MicroStrategy) acquired 4,603 BTC for $369.

Strategy Resumes Bitcoin Accumulation With $370M Purchase After 10-Week Pause

What happened: Strategy (formerly MicroStrategy) acquired 4,603 BTC for $369.7 million between August 24 and 30, its first purchase since June 22. The buy, funded by a $602.8 million common stock sale, brings the firm's total holdings to 845,050 BTC, acquired at an average price of $75,412 per coin. Executive Chairman Michael Saylor teased the move with his signature "We're ₿ack" post on X.

Why it matters: Strategy's return to accumulation after a 10-week pause signals continued institutional conviction in Bitcoin, even as prices remain below the firm's average cost basis. The purchase was made near a local price low, suggesting a tactical approach to market timing. As the largest public BTC holder, Strategy's moves remain a key sentiment driver for both institutional and retail investors.

Source: Crypto Briefing