Strategy Inc. Resumes Bitcoin Buying After 10-Week Drought

Strategy Inc., the world's largest corporate crypto holder, has ended its unprecedented ten-week selling streak by purchasing 4,603 Bitcoin between August 24 and 30 for $369.7 million.

The aggressive move was funded by fresh at-the-market equity sales, with Strategy paying a slight premium to the current spot market, securing its latest tranche at an average of $80,318 per coin.

Investors weighed the symbolic weight of this return to accumulation, sending Strategy (NASDAQ: MSTR) shares up between 1% and 2% in pre-market trading ahead of Monday's NYSE open.