Michael Saylor’s company Strategy, the largest publicly traded Bitcoin holder, has once again expanded its crypto reserves after last week’s dip below $108,000.
According to a filing with the U.S. Securities and Exchange Commission (SEC) on Tuesday, Strategy purchased 4,048 BTC between Aug. 25 and Monday, spending roughly $449.3 million.
The purchase was made at an average price of $110,981 per Bitcoin, with the asset briefly climbing above $113,000 before sliding back under $108,000 on Friday, per CoinGecko data.
With this latest move, Strategy now controls 636,505 BTC, acquired at a total cost of $46.95 billion, averaging $73,765 per coin.
August tally: 7,714 BTC
This transaction caps off a month of steady but smaller-scale purchases. Earlier in August, Strategy disclosed buys of 3,081 BTC, 430 BTC, and 155 BTC. Combined with the latest deal, the firm accumulated 7,714 BTC in August — a sharp slowdown compared to the 31,466 BTC acquired in July.
All acquisitions were funded through proceeds from the company’s ongoing at-the-market (ATM) equity offerings. Saylor previously described these offerings as the backbone of Strategy’s “Bitcoin defense department.”
Stock pressure raises questions
Despite the consistent Bitcoin accumulation, Strategy’s stock (MSTR) has come under pressure. After reporting a record $10 billion net income in Q2 2025, MSTR shares have fallen 16%, opening Tuesday at $339.4, according to TradingView.
The decline has split investor sentiment: while long-term Bitcoin advocates remain optimistic, others are wary about the company’s near-term equity performance.
Skepticism also surrounds Strategy’s recent move to raise its STRC dividend from 9% to 10%, with critics questioning the sustainability of payouts.
As one market commentator put it on X:
“A 10% dividend looks impressive, but it’s just fiat yield on a melting ice cube. Dividends get taxed and inflated away, while Bitcoin compounds in purchasing power. One is theater — the other is true financial escape velocity.”
Download the FREE Bitcoin Mining eBook
Kickstart your mining journey with essential insights:
https://bitmernmining.com/landing-page-ebook-download/
For more news, find me on Twitter Giannis Andreou and subscribe to My channels Youtube and Rumble
What is your opinion on this particular topic? Leave us your comment below! We are always intere
