Strategy adds 4,603 Bitcoin to treasury in $370 million purchase

Strategy, the Nasdaq‑listed firm led by Michael Saylor, announced a fresh acquisition of 4,603 Bitcoin at an average price of $80,318 per coin, amounting to $369.7 million. The buy raises the company’s total Bitcoin holdings to 845,050 BTC, reinforcing its status as the largest publicly traded corporate Bitcoin holder.

Details of the transaction

The purchase was disclosed on Monday, Aug. 31, 2026. In addition to the Bitcoin, Strategy increased its U.S. dollar cash position by $29 million and repurchased $152 million of its preferred security, STRC. The company now reports $5.10 billion in USD reserves and $1.61 billion in cash, with net leverage at 0.0 %.

Impact on the treasury

With the new acquisition, Strategy’s Bitcoin balance rose from roughly 840,447 BTC to 845,050 BTC, representing about 4 % of Bitcoin’s total 21 million‑coin supply. The expanded cash reserves and zero‑leverage position give the firm flexibility for future capital‑market actions.

Background on Strategy’s Bitcoin strategy

The company, formerly MicroStrategy, began its Bitcoin accumulation in August 2020 with a $250 million purchase of 21,454 BTC. Since then, it has used equity and debt financing to fund additional buys, transforming from a business‑intelligence software provider into a Bitcoin‑focused public vehicle. Michael Saylor stepped down as CEO in 2022, remaining as executive chairman to oversee the Bitcoin strategy, while Phong Le now handles day‑to‑day operations. The firm rebranded to Strategy in February 2025 and adopted a Bitcoin‑inspired orange identity.

Market reaction

Bitcoin’s price was largely unchanged after the announcement, trading around $78,450 per coin. The purchase is being closely watched by traders, corporate treasury managers, and investors in Strategy’s common and preferred securities.