Strategy Rejoins Bitcoin Buying After $370M Pause

Strategy has resumed buying Bitcoin after a two-month pause, acquiring 4,603 BTC worth approximately $370 million during the week ending August 30.

The company purchased the coins at an average price of $80,380, increasing its holdings to 845,050 BTC and reversing part of the decline in its treasury caused by Bitcoin sales between June, July, and August.

This is Strategy's first disclosed Bitcoin purchase since June 22, when its treasury reached 847,363 BTC. The company had previously shifted towards active balance-sheet management, selling portions of its holdings to fund preferred-stock obligations and repurchases.