Strategy makes first bitcoin purchases in about two months

search("The original article is: "Recommendation Rating: Bullish — Positive Momentum from Renewed Bitcoin Buying\n\nStrategy Inc. (MSTR) shares moved higher after the bitcoin-focused treasury company announced its first bitcoin acquisition since June 22.\n\nThe move followed a post from executive chairman Michael Saylor on X, where he wrote “We’re Back,” signaling that Strategy had resumed its bitcoin purchasing strategy. The announcement reinforced investor confidence in the company’s continued commitment to expanding its bitcoin holdings."")

fast|Strategy Inc MSTR bitcoin acquisition June 22 Michael Saylor We're Back

• Strategy Inc. (MSTR) shares gained after the company resumed bitcoin purchases, marking its first acquisition since June 22 and signaling renewed confidence in its bitcoin-focused treasury strategy.

• Executive chairman Michael Saylor’s “We’re Back” message on X highlighted the return to bitcoin accumulation and reinforced investor expectations that Strategy will continue expanding itsohYt5o5BdAL0SnLPf5?utm_source=chatgpt.com)** · wsj.com · 2026/8/31

Strategy, a bitcoin accumulation firm founded by Michael Saylor, made its first bitcoin purchase since June by acquiring approximately $370 million worth of the cryptocurrency last week. The company purchased 4,603 bitcoins at an average price of $80,318, using funds raised through the sale of common shares. This latest acquisition brings Strategy's total bitcoin holdings to 845,050, valued at around $66 billion. Previously, the firm had paused bitcoin purchases and even sold some of its holdings following a sharp decline in both its common and preferred shares. In an effort to stabilize, Strategy unveiled a turnaround plan in late June that included initiatives such as stock buybacks and bitcoin sales. The new bitcoin acquisition appears to be part of a renewed investment strategy. Shares of Strategy saw a slight increase in premarket trading following the announcement.