Strategy Adds $449M in Bitcoin, Lifting August Total to 7,714 BTC
Michael Saylor’s Strategy has expanded its Bitcoin holdings once again, purchasing $449 million worth of BTC last week. The acquisition brings the company’s total August purchases to 7,714 BTC, according to a U.S. Securities and Exchange Commission (SEC) filing released Tuesday.
The latest purchase of 4,048 BTC was made between Aug. 25 and Sept. 1 at an average price of $110,981 per coin. The buy came as Bitcoin briefly surged above $113,000 before slipping under $108,000 on Friday, data from CoinGecko shows.
With this acquisition, Strategy now holds 636,505 BTC, acquired for roughly $46.95 billion at an average cost of $73,765 per Bitcoin-cementing its position as the largest corporate holder of the asset.
August Purchases Total 7,714 BTC
The new purchase follows a string of smaller August buys, including 3,081 BTC last week, alongside earlier acquisitions of 430 BTC and 155 BTC. In total, Strategy accumulated 7,714 BTC in August-a sharp slowdown compared to the 31,466 BTC it bought in July.
These acquisitions were financed through proceeds from four of the company’s at-the-market (ATM) equity offerings. In July, co-founder Saylor described the ATM program as a key component of the firm’s “Bitcoin defense department.”
Investor Concerns Over MSTR Stock
While Bitcoin accumulation continues, Strategy’s slowing pace of purchases and a recent slump in its stock price have raised concerns.
Since posting a record $10 billion in Q2 2025 net income, the company’s shares (MSTR) have fallen 16%, opening at $339.40 on Tuesday, according to TradingView data. The decline has left investors divided-some remain bullish on the company’s long-term Bitcoin strategy, while others are wary of near-term performance.
Skepticism also grew after Strategy raised its STRC dividend to 10% from 9% this week. Critics questioned the sustainability of payouts, arguing the move may not align with the firm’s Bitcoin-first philosophy.
“A 10% dividend looks flashy, until you realize it’s just fiat yield on a melting ice cube,” one market observer commented on X. “Dividends get taxed, debased, and repriced. Bitcoin compounds in purchasing power forever. One is theater, the other is exit velocity.”
