Strategy Adds 4,048 Bitcoin, Doubling Down on Dip Strategy
Strategy Increases Bitcoin Holdings with Recent Purchase
Strategy, previously known as MicroStrategy, has reinforced its position as the leading public holder of Bitcoin with another significant purchase. The company acquired 4,048 BTC for $449.3 million, averaging $110,981 per Bitcoin. This move occurs despite recent dips in both the price of Bitcoin and Strategy's (MSTR) stock value, assets that typically exhibit a strong correlation.
Details of the Bitcoin Acquisition
According to a press release, Strategy now holds a total of 636,505 BTC. The cumulative cost for these holdings is $46.95 billion, with an average purchase price of $73,765 per bitcoin. The company reported a BTC yield of 25.7% year-to-date (YTD). The latest purchase was funded mainly through the sale of MSTR shares, raising $425.3 million from 1.23 million shares. Additional funds were raised from the sale of STRF, STRK, and STRF shares, totaling $26.5 million, $19 million, and $1 million, respectively.
Saylor's Perspective
Michael Saylor, co-founder of Strategy, hinted at the purchase on August 31, noting on X (formerly Twitter) that "Bitcoin is still on Sale," suggesting the company was capitalizing on a price downturn.
Bitcoin is still on Sale. pic.twitter.com/rXP6G84rbs
— Michael Saylor (@saylor) August 31, 2025
This acquisition marks the fifth consecutive weekly purchase by Strategy. Last week, the company announced the acquisition of 3,081 BTC for $356.9 million, bringing their holdings to over 3% of Bitcoin’s total supply.
MSTR Stock Performance
These Bitcoin purchases have occurred amidst a decline in MSTR stock value. TradingView data indicates a 15% decrease over the past month. The stock closed the week at around $334 but showed a slight recovery in pre-market trading, reaching approximately $338.
The dip in MSTR stock aligns with Bitcoin's price pullback from its all-time high of $124,000, reached just weeks prior. Bitcoin is currently down over 12% from that peak.
In related news, a class-action lawsuit against Michael Saylor and Strategy, alleging accounting errors related to their Bitcoin holdings, has been voluntarily dismissed by the plaintiffs.