W3BStation
Markets
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%
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%
08/31/2026

Strategy Resumes Bitcoin Purchases, Acquiring $370 Million in BTC After 10-Week Pause

What happened: Strategy Inc.

Strategy Resumes Bitcoin Purchases, Acquiring $370 Million in BTC After 10-Week Pause

What happened: Strategy Inc. (formerly MicroStrategy) purchased 4,603 BTC for approximately $369.7 million between August 24 and 30, marking its first bitcoin acquisition in about ten weeks. The company now holds 845,050 BTC at an average cost basis of $75,385 per coin, with the latest purchase funded in part by $2.01 billion raised from MSTR share sales. The move follows a period in which Strategy sold $432.5 million in BTC to cover preferred dividend obligations, a notable departure from its prior "never sell" stance.

Why it matters: Strategy's return to aggressive bitcoin accumulation reaffirms its commitment to BTC as a treasury asset, even after a temporary pause and partial divestment. The timing—following a rally that put the firm's holdings $2.8 billion above cost basis—signals confidence in bitcoin's long-term prospects and may influence other institutional allocators. The episode also illustrates the evolving financial engineering behind corporate bitcoin strategies.

Source: Bloomberg