Strategy Inc. halted a ten-week streak of Bitcoin disposals by purchasing 4,603 BTC over the period from August 24 to August 30, deploying $369.7 million to do so. The company financed the acquisition with proceeds from at-the-market equity issuance, a funding route it had initiated earlier.
Executive Chairman Michael Saylor telegraphed the resumption of purchases with a succinct social media post reading "Were back" and the company documented the buying activity in an SEC 8-K filing. The move came after a pause in sales late in August and was publicly visible ahead of the New York Stock Exchange opening when Strategy's shares traded up roughly 1% to 2% in pre-market activity.
At the time of the transactions, Bitcoin was last quoted at $78,280. Strategy purchased the latest tranche at an average price of $80,318 per coin, a slight premium relative to the quoted spot level. The company now reports total Bitcoin holdings of 845,050 BTC, which remains below its June 21 peak of 847,363 BTC.
Key balance-sheet figures disclosed around the repurchase and equity activity include a total cost basis for the company's Bitcoin holdings of $63.73 billion and a blended average price of $75,412 per coin. Recent funding included $602.8 million raised through the sale of 4.53 million Class A shares, of which $369.7 million was allocated to purchase Bitcoin.
Earlier events set the context for the reversal in stance. On June 29, 2026, Strategy's board approved a Digital Credit Capital Framework that, for the first time in the company's history, authorized selective Bitcoin sales. Following that approval, the company sold 6,948 BTC for total proceeds of $432.5 million. Those sales were used to fund preferred-stock dividends and repurchases of STRC shares.
Although some market participants described the earlier disposals as small relative to daily spot volumes, the fact of selling by the market's largest corporate Bitcoin holder became a recurring bearish narrative through the summer. That psychological overhang began to ease during a two-week cessation of sales late in August and culminated in the documented purchases reported in the 8-K and by company posts on X.
The recent transactions and their funding route underscore Strategy's use of equity capital markets to manage its Bitcoin exposure and balance-sheet priorities. The company now sits slightly below its prior holdings high while recording a blended cost basis that reflects purchases made across different price environments.
Summary
Strategy Inc. bought 4,603 BTC for $369.7 million between August 24 and 30, funded by $602.8 million raised via 4.53 million Class A shares. The company holds 845,050 BTC at a blended cost of $75,412 per coin, and the buyback followed a ten-week period in which Strategy sold 6,948 BTC after its board authorized selective sales on June 29, 2026.