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Strategy Resumes Bitcoin Purchases After Two-Month Pause
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Strategy Resumes Bitcoin Purchases After Two-Month Pause
2026-08-31
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Strategy, led by Executive Chairman Michael Saylor, resumed buying Bitcoin last week, marking its first purchase since late June.
Between August 24 and August 30, the company acquired 4,603 Bitcoin at an average price of $80,318 per coin, for a total of approximately $369.7 million.
The purchase was funded through $602.8 million raised from the sale of common stock. The remaining proceeds were used to repurchase $151.8 million of STRC preferred shares and strengthen the company’s cash reserves.
As of August 31, Strategy held 845,050 Bitcoin, acquired for approximately $63.73 billion at an average price of $75,412 per coin.
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