MicroStrategy Affiliate Buys 4603 Bitcoins for $369 Million
Strategy, an investment firm behind the popular MicroStrategy Inc., has made another significant bitcoin purchase. Between August 24 and August 30, 2026, Strategy sold a substantial portion of its Class A Common Stock through its at-the-market offering program. The net proceeds from this sale were $602.8 million.
Of these funds, $369.7 million was used to acquire 4,603 bitcoin at an average price of $80,318 per coin. This brings Strategy's total bitcoin holdings to 845,050 coins, with a combined cost of $63.73 billion and an average purchase price of $75,412 per coin.
In addition to the bitcoin purchase, Strategy also used some proceeds to repurchase shares of its Variable Rate Series A Perpetual Stretch Preferred Stock under its Digital Credit Securities Repurchase Program. Some funds were allocated towards dividend payments on STRC Stock and adding to the company's USD Cash liquidity account.