MicroStrategy Ends 10-Week Pause With $370 Million Bitcoin Buy

MicroStrategy has resumed Bitcoin accumulation after a 10-week hiatus, purchasing 4,603 BTC for approximately $369.7 million at an average price of $80,318 per coin.

The move marks the company's first major Bitcoin acquisition since late June and follows weeks of speculation sparked by Executive Chairman Michael Saylor's "We're ₿ack" post on X.

MicroStrategy Restarts Bitcoin Buying

Strategy announced Monday that it acquired 4,603 BTC for $369.7 million, paying an average of $80,318 per Bitcoin. The purchase ends a 10-week pause in accumulation during which the company prioritized building cash reserves, supporting its preferred securities, and temporarily halted regular Bitcoin buys.

The announcement confirms market expectations after Saylor hinted at renewed buying over the weekend. Investors had closely watched Monday's filing for confirmation that the company's Bitcoin treasury strategy was back in motion.

A Shift From Capital Preservation

The purchase represents a notable change from Strategy's recent approach. Throughout July and August, the company sold Bitcoin, expanded its dollar reserves, and focused on managing obligations tied to its preferred stock offerings rather than adding to its crypto holdings. That strategy led some investors to question whether aggressive Bitcoin accumulation had taken a back seat.