Summary
- Strategy has purchased 4,603 Bitcoin for a total of $369.7 million between August 24 and 30, marking its first acquisition in nearly two months.
- This purchase was financed by selling 4,531,421 MSTR shares through its at-the-market program, generating $602.8 million.
- With this latest buy, Strategy now holds 845,050 BTC, and its total dollar assets across USD Reserve and USD Cash amount to $6.71 billion.
After a summer of selling, Strategy has resumed its Bitcoin purchases.
The company acquired 4,603 BTC for $369.7 million in the week ending August 30, which breaks down to an average price of $80,318 per Bitcoin, according to a filing with the Securities and Exchange Commission. This brings its total Bitcoin holdings to 845,050 BTC, acquired for an average of $75,412, totaling $63.73 billion.
Strategy has acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of $STRC. As of 8/30/26, we hold 845,050 bitcoin:native and $6.71B of USD Assets, bringing Net Leverage to 0.0%. $MSTR https://t.co/XAAEZV5Gil
— Michael Saylor (@saylor) August 31, 2026
The acquisition was financed through stock sales. During the same week, Strategy sold 4,531,421 MSTR shares, netting $602.8 million after commissions. The funds were allocated as follows: $369.7 million for Bitcoin, $151.8 million for STRC buybacks, $50.7 million for preferred stock dividends, and $30 million was added to its USD Cash account.
Buying High After Selling Low
Between May and August, Strategy sold 6,948 BTC for about $432.5 million, which equates to around $62,250 per coin. The recent repurchase was made at $80,318, a 29% increase, resulting in a net decrease of 2,345 BTC compared to before the selling spree, while maintaining roughly $63 million in cash from the sales.
When STRC fell below its $100 par value in June, a financing option previously used for Bitcoin purchases became unavailable. Consequently, Strategy established a Digital Credit Capital Framework that permits up to $1.25 billion in Bitcoin sales for dividend payments and buybacks of preferred shares at a discount. The company resumed buying only after MSTR's price improved enough to make equity financing more favorable.
Myriad: Will Strategy buy more Bitcoin? Click to make your prediction.The company's cash reserves have also seen an increase. As of August 30, the USD Reserve, allocated for preferred dividends and debt interest, was $5.10 billion, while the unrestricted USD Cash account reached $1.61 billion. Together, these assets total $6.71 billion, maintaining a net leverage of 0.0%, as reported by the company.
Additionally, Strategy repurchased 1,557,177 STRC shares for $151.8 million during the week, leaving $364.8 million available from its $1 billion digital credit repurchase authorization. An additional $1 billion authorization for MSTR stock buybacks remains unused.