Michael Saylor posted “We’re Back” on August 30, hinting that Strategy was returning to Bitcoin accumulation.
Aug. 30: Saylor posted “We’re ₿ack” → a hint/speculation about a new purchase.
Aug. 31: Strategy officially confirmed the purchase in its Form 8-K: 4,603 BTC for $369.7M, average $80,318/BTC
The company has now confirmed the move.
→14,603 BTC purchased
→$369.7M invested
→Average price: $80,318/BTC
→Total holdings: 845,050 BTC
→Total cost basis: $63.73B
→Average cost: $75,412/BTC
The purchase was funded through MSTR share sales, which generated about $602.8M. Strategy also used $151.8M to repurchase preferred shares and maintained $6.71B in combined USD reserves/cash.
🔥 Why investors care:
This is Strategy’s first BTC purchase since June, ending roughly a two-month accumulation pause. It signals that the company is again willing to deploy capital into Bitcoin around the $80K area.
Key level to watch:
Strategy’s average BTC cost is now $75,412 — meaning BTC remaining above that level keeps the company’s overall position above its aggregate purchase basis.
#MichaelSaylor #MSTR #bitcoin #CryptoNews #saylorhintsstrategybitcoinbuy
Aug. 30: Saylor posted “We’re ₿ack” → a hint/speculation about a new purchase.
Aug. 31: Strategy officially confirmed the purchase in its Form 8-K: 4,603 BTC for $369.7M, average $80,318/BTC
The company has now confirmed the move.
→14,603 BTC purchased
→$369.7M invested
→Average price: $80,318/BTC
→Total holdings: 845,050 BTC
→Total cost basis: $63.73B
→Average cost: $75,412/BTC
The purchase was funded through MSTR share sales, which generated about $602.8M. Strategy also used $151.8M to repurchase preferred shares and maintained $6.71B in combined USD reserves/cash.
🔥 Why investors care:
This is Strategy’s first BTC purchase since June, ending roughly a two-month accumulation pause. It signals that the company is again willing to deploy capital into Bitcoin around the $80K area.
Key level to watch:
Strategy’s average BTC cost is now $75,412 — meaning BTC remaining above that level keeps the company’s overall position above its aggregate purchase basis.
#MichaelSaylor #MSTR #bitcoin #CryptoNews #saylorhintsstrategybitcoinbuy
