TLDR
- Strategy has acquired 430 Bitcoin for $51.4 million, now holding 629,376 BTC.
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The recent purchase was made as both Bitcoin and MSTR stock face market corrections.
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Michael Saylor’s company continues to dominate as the largest Bitcoin treasury holder.
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Strategy’s latest Bitcoin acquisition comes from proceeds raised through stock sales.
Strategy, previously known as MicroStrategy, has made another major Bitcoin purchase despite ongoing market volatility. The company acquired 430 BTC for $51.4 million, increasing its total Bitcoin holdings to 629,376 BTC. This acquisition comes as Bitcoin faces a price pullback, dropping below the $115,000 mark, while the company’s stock, MSTR, has also seen a slight decline in value.
Strategy continues to expand its Bitcoin treasury, following a trend of institutional adoption. The company’s co-founder, Michael Saylor, shared his excitement on social media, hinting at the purchase with a post saying, “Insufficient Orange,” referencing Bitcoin’s symbolic color. This latest purchase is Strategy’s third consecutive weekly acquisition.
Bitcoin Acquisition Strategy Amid Market Slump
The purchase was made during a challenging time for Bitcoin and Strategy’s stock. Over the past week, Bitcoin experienced a near 5% drop, while the company’s stock price also saw a dip. Despite these short-term market challenges, Strategy has remained committed to its Bitcoin acquisition strategy.
Strategy has acquired 430 BTC for ~$51.4 million at ~$119,666 per bitcoin and has achieved BTC Yield of 25.1% YTD 2025. As of 8/17/2025, we hodl 629,376 $BTC acquired for ~$46.15 billion at ~$73,320 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/FLRjCKDMQO
— Michael Saylor (@saylor) August 18, 2025
Strategy has a history of purchasing Bitcoin during market corrections, taking advantage of price dips to increase its holdings. This latest acquisition was funded through proceeds from the sale of STRK, STRF, and STRD shares. Strategy raised $19.3 million, $19 million, and $12.1 million, respectively, from these stock sales.
The company’s continued Bitcoin buying spree has solidified its position as the largest holder of Bitcoin among public companies, signaling confidence in the long-term value of the cryptocurrency.
Strategy’s Bitcoin Holding Surpasses 3% of Total Supply
With the recent acquisition, Strategy now holds 629,376 BTC, amounting to more than 3% of the total Bitcoin supply. This makes the company a dominant player in the Bitcoin market, alongside other large institutional buyers.
Saylor’s ongoing commitment to Bitcoin is part of a broader strategy to position the company as a leader in the digital asset space. While the market has seen recent price fluctuations, Strategy’s long-term vision remains focused on increasing its Bitcoin holdings. The company’s ability to purchase Bitcoin in large quantities, even during market downturns, shows its confidence in the asset’s future potential.
Market Strategy and Capital Flexibility
Strategy’s recent update to its MSTR Equity ATM (At-the-Market) guidance provides greater flexibility in executing its capital markets strategy. The company will continue issuing MSTR stock to acquire Bitcoin when favorable market conditions arise.
The updated guidance outlines the company’s plans for issuing MSTR stock based on different market conditions. If the market value of MSTR is above a 4.0x multiple of net asset value (mNAV), Strategy will actively issue stock to acquire Bitcoin. If the market value is between 2.5x and 4.0x mNAV, the company will opportunistically issue stock, and below 2.5x mNAV, Strategy will focus on tactical stock issuance to meet debt obligations and fund preferred equity dividends.
This flexible capital strategy ensures that the company can continue acquiring Bitcoin while maintaining financial stability and adapting to market conditions. By issuing stock strategically, Strategy maximizes its ability to add to its Bitcoin treasury without jeopardizing its financial health.
Bitcoin Acquisition Amid Stock Market Challenges
The latest acquisition comes during a time when Strategy’s stock, MSTR, has seen a slight dip. However, this has not deterred the company from its aggressive Bitcoin purchasing strategy. In fact, Strategy’s continued purchases are seen as a signal that the company is prioritizing its long-term vision over short-term market fluctuations.
The market correction in both Bitcoin and MSTR stock highlights the risks associated with Bitcoin investments. However, Strategy’s approach suggests that the company is focused on the long-term potential of Bitcoin as a store of value and a key component of its corporate strategy.
Strategy’s focus on Bitcoin acquisition continues to draw attention from investors, especially as the company’s stock has gained 22% year-to-date and 174% over the past year.
