Saylor’s Back: Strategy Drops $370 Million on 4,603 Bitcoin

Michael Saylor’s Strategy is buying Bitcoin again.
After nearly two months without a purchase, Strategy (MSTR) returned to Bitcoin buying last week, purchasing 4,603 BTC for approximately $369.7 million.
The company paid an average of $80,318 per Bitcoin, marking its first Bitcoin acquisition since late June.

Strategy Adds 4,603 Bitcoin

The purchase was funded through the sale of approximately $602.8 million in Strategy common stock.
Of those proceeds, roughly $369.7 million went toward Bitcoin, while another $151.8 million was used to repurchase shares of Strategy’s STRC preferred stock. The remaining proceeds were added to the company’s cash reserves.
With the latest acquisition, Strategy now holds 845,050 Bitcoin.
The company acquired those holdings for approximately $63.73 billion, giving Strategy an average purchase price of roughly $75,412 per Bitcoin.

Strategy’s Bitcoin Buying Returns

Strategy has spent years building one of the largest corporate Bitcoin holdings in the world.
The latest acquisition is significant because it ends a roughly two-month period without a reported Bitcoin purchase from the company.
Strategy has now added another 4,603 BTC to a treasury that already contained more than 840,000 Bitcoin.
The company continues to use capital raised through its securities programs to expand its Bitcoin holdings while managing other areas of its balance sheet.

Why This Matters

Strategy has become one of the most prominent examples of a publicly traded company using Bitcoin as a major treasury asset.
Its latest purchase takes its total holdings to 845,050 BTC, further expanding what was already an unprecedented corporate Bitcoin position.
The financing behind the acquisition is equally notable. Strategy raised capital through the sale of common stock, allocated approximately $369.7 million to Bitcoin, used $151.8 million to repurchase STRC preferred stock, and directed the remaining proceeds toward cash reserves.
Rather than representing a one-off Bitcoin purchase, the transaction demonstrates the scale of the financial infrastructure Strategy has built around its Bitcoin treasury strategy.

Conclusion

Michael Saylor and Strategy are buying Bitcoin again. After nearly two months without a reported acquisition, Strategy purchased 4,603 Bitcoin for approximately $369.7 million, bringing its total holdings to 845,050 BTC. With approximately $63.73 billion invested in Bitcoin, Strategy remains one of the largest corporate holders of Bitcoin in the world.
The latest purchase marks the return of Strategy’s Bitcoin acquisition program after its longest recent pause.