Strategy Buys $370 Million of Bitcoin After Two-Month Pause, Treasury Hits 845,050 BTC

• Strategy purchased 4,603 BTC for $369.7 million between Aug. 24 and Aug. 30 at an average price of $80,318.
• Total holdings rose to 845,050 BTC, acquired for $63.73 billion at an average cost of $75,412 per coin.
• The buy was funded by $602.8 million in at-the-market sales of MSTR common stock.
• The company also spent $151.8 million repurchasing STRC preferred shares and reported 0.0% net leverage.
• The purchase is Strategy’s first disclosed bitcoin accumulation since late June.

Strategy resumed bitcoin purchases after a two-month pause, acquiring 4,603 BTC for approximately $369.7 million in the week ended Aug. 30, according to an 8-K filing submitted to the U.S. Securities and Exchange Commission on Aug. 31.

The Michael Saylor-led firm paid an average of $80,318 per bitcoin, inclusive of fees and expenses, lifting its treasury to 845,050 BTC. That stack was acquired for an aggregate $63.73 billion at a lifetime average cost of $75,412 per coin, Strategy said in an official announcement. The position equals more than 4% of bitcoin’s 21 million supply cap.

The latest coins were funded through Strategy’s at-the-market equity program. The company sold 4,531,421 shares of Class A common stock for net proceeds of $602.8 million during the same week. Of that amount, $369.7 million went to bitcoin, $151.8 million funded the repurchase of 1,557,177 shares of STRC preferred stock, $50.7 million covered STRC dividends, and $30 million was added to the firm’s USD cash account.

In a post on X, Strategy said it had “acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of $STRC.” As of Aug. 30, the company reported holdings of 845,050 bitcoin and $6.71 billion of USD assets, “bringing Net Leverage to 0.0%.”

The purchase ends a stretch without confirmed accumulation that began after a 520 BTC buy disclosed for the week of June 22, according to Strategy’s bitcoin ledger. Earlier in the summer the firm had sold bitcoin while building dollar reserves and supporting its preferred-stock structure. The new tranche was purchased above the prevailing spot price near $78,000 reported after the filing, leaving that slice of the treasury below its week-of-purchase cost while the overall book remains above the $75,412 average.

Strategy remains the largest publicly disclosed corporate holder of bitcoin. The return to buying comes as bitcoin posted a roughly 24% gain in August, its strongest month since November 2024, even as traders weighed higher Treasury yields and September Federal Reserve policy risk.