Strategy (MSTR) Stock Jumps as Saylor Says “We’re Back” With $370 Million Bitcoin Buy
TLDR
- Strategy bought 4,603 bitcoin for $369.7 million between August 24 and 30, its first purchase in roughly two months.
- The buy was funded by $602.8 million raised through the sale of 4.53 million Class A common stock.
- MSTR rose between 1% and 2% in pre-market trading following the announcement.
- Strategy now holds 845,050 BTC at a total cost of $63.73 billion, at an average price of $75,412 per coin.
- The purchase ends a ten-week stretch where Strategy had been selling bitcoin, not buying it.
Strategy (MSTR) is back buying bitcoin. The company picked up 4,603 coins between August 24 and 30 for $369.7 million, ending a roughly ten-week gap in purchases that had weighed on sentiment around the stock.
MSTR was up between 1% and 2% in pre-market trading on Monday after the news broke. Executive Chairman Michael Saylor signaled the return with a brief post on X, writing “We’re ₿ack” on Sunday before the official SEC 8-K filing dropped Monday morning.
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
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