Michael Saylor’s Strategy has acquired 4,048 Bitcoin for approximately $449.3 million between August 26 and September 1, 2025. The average purchase price was about $110,981 per BTC, according to the company’s filing.
Total Bitcoin holdings
Following this acquisition, Strategy now holds a total of 636,505 BTC, obtained at a combined cost of $46.95 billion. At current market prices, the firm’s Bitcoin stash is valued at nearly $70 billion, representing more than 3% of the circulating Bitcoin supply.
Funding the purchases
The company continues to finance its Bitcoin accumulation through at-the-market stock offerings and perpetual preferred shares, including MSTR, STRK, STRF, and STRD. This approach allows Strategy to steadily expand its holdings without heavily impacting the market.
Market reaction
Despite the size of the latest buy, the Bitcoin market showed little immediate reaction. Analysts note that most of these purchases are executed through over-the-counter (OTC) transactions, minimizing price disruption while strengthening the company’s long-term strategy.
Michael Saylor has consistently positioned Bitcoin as the ultimate store of value, framing Strategy’s aggressive acquisitions as part of a broader vision to adopt Bitcoin as corporate treasury reserve.
Sources: Cointelegraph, TradingView, AInvest