Strategy purchased 4,603 Bitcoin for $369.7 million between Aug. 24 and Aug. 30, returning to accumulation after more than two months without a confirmed purchase. Summary 4,603 Bitcoin cost
Strategy purchased 4,603 Bitcoin for $369.7 million between Aug. 24 and Aug. 30, returning to accumulation after more than two months without a confirmed purchase.
SummaryThe Virginia-based company paid an average of $80,318 for each Bitcoin, including fees and expenses, according to an Aug. 31 filing with the U.S. Securities and Exchange Commission.
The acquisition increased Strategy’s holdings from 840,447 BTC to 845,050 BTC. It paid a combined $63.73 billion for those assets at an average cost of $75,412 per Bitcoin.
These actions further strengthen $STRC. USD Reserve is $5.10B and USD Cash is $1.61B, improving USD Duration to 4.0 yrs (+23d) and STRC’s BTC Credit to 56 bps (-3 bps).
— Michael Saylor (@saylor) August 31, 2026
Bitcoin traded near $78,023 at 12:18 UTC on Monday, placing the market value of Strategy’s holdings near $65.9 billion. That was approximately $2.2 billion above its reported aggregate purchase cost. The calculation changes alongside Bitcoin’s price and does not represent realized profit.
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Strategy financed the entire acquisition through its at-the-market common-stock program. It sold 4,531,421 MSTR shares during the week, generating $602.8 million in net proceeds after commissions.
The company allocated $369.7 million of that amount to Bitcoin. It directed another $151.8 million toward repurchasing STRC preferred shares, used $50.7 million to fund STRC dividends and added $30 million to its unrestricted USD Cash account.
The structure means Strategy issued common shares while buying back preferred shares and adding Bitcoin. It did not issue any STRC, STRF, STRK or STRD preferred securities during the reporting period.
Strategy retained authority to sell another $19.09 billion of MSTR under its existing offering program. That capacity gives management room to fund further purchases, cash reserves or other capital-management activity, although the company has not committed to using the full amount.
Michael Saylor described the return to buying as “We’re back” in an Aug. 30 post. The statement signaled intent but did not disclose the transaction’s size before Monday’s filing.
We’re ₿ack. pic.twitter.com/ciqOaCa908
— Michael Saylor (@saylor) August 30, 2026
Strategy repurchased 1,557,177 STRC shares for $151.8 million during the same week. That implies an average repurchase cost near $97.48 per share, below STRC’s $100 stated amount.
STRC traded near $97.33 before Monday’s regular U.S. session, down approximately 0.7% from Friday’s close. Its recovery toward $100 followed a period in which the security traded as low as the mid-$70 range.
The company has used repurchases and a variable dividend to support STRC’s market price. As previously reported, Strategy maintained STRC’s annualized dividend at 12% after the preferred stock traded below its stated amount.
After the latest transaction, Strategy retained $364.8 million under its preferred-securities repurchase authorization. It also retained a separate $1 billion authorization to repurchase MSTR, although no common shares were bought back during the week.
Strategy reported a $5.10 billion USD Reserve and $1.61 billion in USD Cash as of Aug. 30. Together, the two accounts held $6.71 billion, including proceeds from shares sold but not yet settled.
The accounts serve different purposes. The board-designated reserve supports preferred-stock dividends and interest on outstanding debt. USD Cash can be used more broadly for Bitcoin purchases, reserve expansion and other corporate needs.
Saylor said the combined dollar assets brought Strategy’s “net leverage” to 0.0%. That figure is a company-defined capital metric and should not be interpreted as meaning Strategy has no debt or preferred-stock obligations.
The filing shows only $30 million of the week’s MSTR proceeds went into USD Cash. Since the account increased by $29 million overall, other cash movements reduced the net addition by approximately $1 million.
MSTR traded near $127.31 in Monday’s premarket session, approximately 7.4% below Friday’s closing price. STRC changed less sharply, trading near $97.33.
Bitcoin was also down approximately 0.9% over 24 hours. Its price near $78,023 was about 2.9% below Strategy’s latest average purchase price of $80,318.
The acquisition followed several weeks in which Strategy prioritized liquidity and preferred-stock support. In related coverage, Strategy raised roughly $2 billion without buying or selling Bitcoin during the previous reporting week.
The return to accumulation also follows two confirmed Bitcoin sales. Strategy sold 1,638 BTC between July 27 and Aug. 2, then sold another 1,690 BTC to finance STRC repurchases during the following week.
The latest purchase exceeded those combined sales by 1,275 BTC. Strategy’s holdings consequently reached a new reported high.
Future purchases will depend on Bitcoin prices, MSTR’s market value, available offering capacity and management’s preferred-stock strategy. The next weekly SEC filing should show whether the company continues accumulating or redirects proceeds toward its dollar accounts and STRC.
