started · updated
Strategy and Strive resume Bitcoin purchases to expand corporate treasuries
Strategy has resumed its Bitcoin accumulation strategy after a ten-week hiatus, purchasing 4,603 BTC for approximately $369.7 million. The acquisition, made between August 24 and August 30 at an average price of $80,318 per coin, brings the company's total holdings to 845,050 BTC. The aggregate average cost for its entire Bitcoin treasury is now approximately $75,412 per coin.
To fund this purchase, Strategy utilized its at-the-market equity offering program, selling 4,531,421 shares of Class A common stock to net approximately $602.8 million. The proceeds were distributed across several corporate objectives: $369.7 million for Bitcoin, $151.8 million for repurchasing STRC preferred shares, $50.7 million for STRC dividend payments, and $30 million to increase USD cash reserves. The company reported total USD assets of $6.71 billion, resulting in a0.0% net leverage.
Simultaneously, Strive Asset Management has also expanded its Bitcoin treasury, acquiring 1,800 BTC for roughly $143 million at an average price of $79,431. This purchase, completed between August 24 and August 28, increases Strive's total holdings to 23,156 BTC, positioning the company as the fifth-largest publicly traded corporate holder of Bitcoin.
Entities
Bitcoin · Michael Saylor · Nasdaq · SEC · Securities and Exchange Commission · Strategy · Strategy Inc · Strategy Inc. · Strive · Strive Asset Management
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Strategy Inc. holds 840,447 BTC acquired for approximately $63.36 billion. blockonomi.com · news.bitcoin.com
- [● 3 SOURCES] Strategy Inc. has $6.69 billion in dollar liquidity. siamblockchain.com · blockonomi.com · news.bitcoin.com
- [○ 1 SOURCE] The company has not made a Bitcoin purchase since June 22. blockonomi.com
- [○ 1 SOURCE] Strategy Inc. sold a total of 6,916 BTC across four transactions in recent months. blockonomi.com
- [● 2 SOURCES] The company's average acquisition cost for Bitcoin is $75,385 per coin. blockonomi.com · news.bitcoin.com
- [● 6 SOURCES] Michael Saylor posted a message on X stating 'We’re ₿ack' alongside a Bitcoin holdings tracker. siamblockchain.com · blockonomi.com · news.bitcoin.com · kriptotarca.hu
- [● 7 SOURCES] Strategy Inc. has approximately $6.71 billion in total USD reserves. nemosnewsnetwork.com · en.bitcoinsistemi.com · blockchainreporter.net · blockzeit.com · www.tronweekly.com
- [DISPUTED] Strategy now holds a total of 845,050 BTC. nemosnewsnetwork.com · altcoininvestor.com · blockzeit.com · blockchainreporter.net · en.bitcoinsistemi.com · +3 more
- [DISPUTED] Strategy repurchased approximately $152 million worth of STRC preferred shares. nemosnewsnetwork.com · en.bitcoinsistemi.com · blockchainreporter.net · blockzeit.com · www.tronweekly.com
- [● 14 SOURCES] Strategy purchased 4,603 BTC for approximately $369.7 million at an average price of $80,318 per coin. nemosnewsnetwork.com · altcoininvestor.com · blockzeit.com · www.borsagundem.com.tr · blockchainreporter.net · +5 more
- [○ 1 SOURCE] The company's Bitcoin holdings account for roughly 4.21% of the total circulating supply. blockzeit.com
- [● 9 SOURCES] The company funded the recent Bitcoin purchase by issuing stock through an at-the-market program. nemosnewsnetwork.com · altcoininvestor.com · blockchainreporter.net · blockzeit.com · www.tronweekly.com · +2 more