Overview
- Strategy, which disclosed the move in an Aug. 31 SEC filing, bought 4,603 BTC for about $369.7–$370 million between Aug. 24 and Aug. 30, ending a roughly ten‑week pause in purchases.
- The purchase was financed by an at‑the‑market sale of 4,531,421 MSTR shares that raised $602.8 million in net proceeds and allocated $369.7 million to Bitcoin.
- Company filings show the remaining proceeds funded $151.8 million in STRC preferred‑stock repurchases, $50.7 million in STRC dividends, and $30 million added to USD Cash.
- Strategy now reports roughly 845,050 BTC at a $75,412 aggregate cost basis, with the latest tranche bought at an average of $80,318 per coin and roughly $2.5–$2.8 billion in unrealized gains at recent prices.
- The transaction underscores Strategy’s new capital‑management approach of mixing equity raises, preferred‑stock operations and cash reserves to maintain flexibility for future Bitcoin accumulation or liquidity needs.