Michael Saylor’s Strategy Snaps Up 3,081
$BTC ($342M) While Other Companies Follow 🪙
Strategy Inc., led by pro-Bitcoin exec Michael Saylor, has added 3,081 BTC between Aug 18–24, spending roughly $356.9M at an average of $115,829 per coin. The move boosts its total Bitcoin holdings to 632,457
$BTC , acquired at an average price of $73,527, with a year-to-date 2025 yield of 25.4%.
💰 Funding the Purchase:
- $300.9M from sales of MSTR common stock
- $44M via preferred stock programs (STRK, STRF, STRD)
- Total proceeds matched acquisition costs of $357M
📉 Market Reaction:
Some in the crypto community criticized Strategy for selling shares below 2.5x mNAV, as MSTR is trading under this threshold. Shares fell 4% premarket, while Bitcoin slid 2.7% to ~$111.5K.
🏢 Other Corporate Buyers:
- Metaplanet (Japan): +103 BTC ($11.7M), total 18,991
$BTC (~$2.2B)
- Remixpoint (Japan): +41.5 BTC ($4.6M), total 1,273
$BTC
📊 Analysis:
Despite minor short-term price pressure, the trend of corporate accumulation continues. Strategy alone is averaging ~785 BTC/day this year. With institutions like Metaplanet and Remixpoint also buying, corporate adoption of Bitcoin remains a strong bullish signal for the mid-to-long term.
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