Michael Saylor’s Strategy has ended a weeks-long pause in Bitcoin acquisitions, purchasing 4,603 BTC for approximately $369.7 million, or about $80,318 per coin, according to data highlighted by Lookonchain.
The purchase lifts Strategy's total Bitcoin holdings to 845,050 BTC, reinforcing its position as the world’s largest publicly traded Bitcoin holder. The company began its Bitcoin treasury strategy in 2020 and has since become one of the most closely watched institutional buyers in the digital asset market.
In the same announcement, Saylor detailed that Strategy had also increased its U.S. dollar cash reserves by $29 million, bringing total dollar assets to roughly $6.71 billion as of August 30. The company repurchased approximately $152 million worth of STRC shares, a series of variable-rate preferred stock, signaling continued active management of its capital structure alongside Bitcoin accumulation.
The return of Saylor to the market after a two-month hiatus could shape sentiment among traders and other institutional investors. With Bitcoin’s trading activity reflecting a cautious backdrop, the new acquisition may encourage speculative positioning and recalibration of short-term strategies.
