Strategy has started buying Bitcoin again after a summer stretch of selling.
In a filing with the U.S. Securities and Exchange Commission, the Bitcoin treasury company said it bought 4,603 BTC in the week ended August 30 for $369.7 million, at an average price of $80,318 per coin. The purchase lifted its holdings to 845,050 BTC, acquired for a total of $63.73 billion at an average cost of $75,412.
Michael Saylor said on X that Strategy acquired 4,603 BTC for $370 million, increased USD Cash by $29 million, and repurchased $152 million of STRC. He added that, as of August 30, 2026, the company held 845,050 bitcoin and $6.71 billion of USD assets, bringing net leverage to 0.0%.
Stock sales funded the latest purchase
Strategy paid for the Bitcoin buy by issuing stock. Over the same week, it sold 4,531,421 MSTR shares through its at-the-market program and raised $602.8 million net of commissions.
According to the filing, $369.7 million of that amount went to Bitcoin purchases, $151.8 million funded STRC buybacks, $50.7 million covered dividends on the same preferred stock, and $30 million was added to the company’s USD Cash account.
Sold lower, bought back higher
Between May and August, Strategy sold 6,948 BTC for roughly $432.5 million, which works out to about $62,250 per coin. It has now bought back at $80,318, about 29% above that level.
After the selling and the latest repurchase, the company still holds 2,345 fewer BTC than it did before those sales began. About $63 million of the difference has been retained in cash.
STRC weakness led to a different funding setup
When STRC fell below its $100 par value in June, a funding route Strategy had used to buy Bitcoin was no longer available. The company then created a Digital Credit Capital Framework that authorized up to $1.25 billion of Bitcoin sales to cover dividends and repurchase preferred shares at a discount.
It resumed buying only after MSTR recovered enough for equity issuance to become the cheaper funding option.
USD assets reached $6.71 billion
Strategy’s dollar reserves also increased. According to the report, the ring-fenced USD Reserve set aside for preferred dividends and debt interest stood at $5.10 billion on August 30, while the unrestricted USD Cash account held $1.61 billion. Together, those balances totaled $6.71 billion, which the company said left net leverage at 0.0%.
During the same week, Strategy also repurchased 1,557,177 STRC shares for $151.8 million, leaving $364.8 million under its $1 billion digital credit repurchase authorization. A separate $1 billion authorization to buy back MSTR stock remains unused.