Strategy Buys 4,603 More Bitcoin After Two-Month Hiatus, Total Holdings Reach 845,050 BTC

Strategy, the largest corporate holder of Bitcoin, has resumed its accumulation campaign after roughly two months. The purchase marks the company's first since late June, drawing market attention to whether corporate Bitcoin demand is showing signs of revival.

As of 9 a.m. on the 1st, Bitcoin was trading at $78,581 on CoinGecko, a virtual asset market data platform. Renewed concerns over additional U.S. interest rate hikes have kept Bitcoin from reclaiming the $80,000 level, with price action remaining range-bound.

Against this backdrop, CoinDesk reported that Strategy purchased an additional 4,603 Bitcoin last week. The acquisition totaled approximately $369.7 million, at an average price of $80,318 per coin. The purchase brings Strategy's total Bitcoin holdings to 845,050 BTC. The average acquisition cost across the entire position stands at $75,412 per coin.

The funding structure for this purchase was also disclosed. Between August 24 and 30, Strategy sold 4,531,421 shares of common stock (MSTR), generating net proceeds of approximately $602.8 million after fees. Of this amount, $369.7 million was allocated to Bitcoin purchases, $151.8 million to repurchasing preferred stock (STRC), $50.7 million to STRC dividends, and $30 million was retained as cash.