Strategy Sprints Ahead with $602.8M in New Bitcoin Purchases
Strategy, a Nasdaq-listed firm previously known as MicroStrategy and led by Executive Chairman Michael Saylor, has built the largest corporate Bitcoin treasury in history. As of August 30, 2026, Strategy held 845,050 BTC, acquired at an aggregate cost of $63.73 billion, with an average cost of $75,412 per bitcoin.
The company's long-running strategy to buy Bitcoin and add it to its corporate treasury has made Strategy a closely watched institutional participant in the cryptocurrency market. In late August 2026, Strategy purchased 4,603 BTC for $369.7 million, with an average purchase price of $80,318.
This marked Strategy's first weekly accumulation of Bitcoin since June, showcasing renewed interest in expanding its holdings. The financing for this acquisition came primarily from the sale of 4,531,421 shares of common stock through an at-the-market program, generating net proceeds of $602.8 million.