Crypto

MicroStrategy Resumes Bitcoin Buying After Summer of Sales

Guavy AI Editorial Team Published September 17, 2026

Instruments

BTC

MicroStrategy, a company known as MSTR on the NASDAQ, is buying Bitcoin again. In late August, it added 4,603 coins for $370 million, bringing its total to 845,050 coins.

The average price was $80,318 per coin. This purchase represented just 0.02% of Bitcoin's market cap, which is a measure of the total value of all outstanding coins.

Market cap counts coins that are not for sale, but prices are set by the much smaller pool of coins changing hands daily. Strategy's latest buy wasn't even huge relative to daily Bitcoin trades, which hovered around $30 billion in the last month.

The Wire

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