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Strategy Buys 155 BTC on Five-Year Anniversary of Bitcoin Accumulation Program

It demonstrates how the firm uses preferred-stock ATM offerings to maintain a steady accumulation cadence five years into its capital-markets-driven Bitcoin strategy.

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Michael saylor's strategy adds $18m of bitcoin on five year anniversary of first purchase
Photo: Chris Kleponis/CNP/Bloomberg

Overview

  • An SEC filing shows Strategy purchased 155 BTC between August 4–10 at an average price of $116,401 per coin.
  • Proceeds from its STRF at-the-market offering and other perpetual preferred stock issuances funded the $18 million acquisition.
  • The company’s holdings now total 628,946 BTC, acquired for about $46.1 billion at an average cost basis of $73,288 per BTC.
  • With Bitcoin trading near $120–122 thousand, the stash is valued at roughly $75–76 billion, delivering approximately $29 billion in unrealized gains.
  • This smallest single purchase since March underscores Strategy’s disciplined, capital-markets-led approach and continues to shape corporate treasury practices.