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Strategy purchased an additional 3,081 $BTC last week, according to an SEC filing. The acquisition, funded via proceeds from equity sales, brings its total holdings to 632,457 Bitcoin, worth over $70 billion at the current market price.
- Strategy adds 3,081 $BTC for $357 million, lifting total holdings to 632,457 $BTC worth $70 billion.
- The purchase, funded via equity sales, was disclosed in an SEC filing.
- Slower August buying pace contrasts with July’s aggressive $3.6 billion allocation.
The Tysons Corner, Virginia-based business intelligence firm said it bought the additional Bitcoin ($BTC) between August 18 and August 24, using net proceeds of approximately $357 million generated from its at-the-market equity offering programs.
According to the Form 8-K filed with the Securities and Exchange Commission on August 25, the purchase was executed at an average price of $115,829 per Bitcoin, bringing the company’s total holdings to a staggering 632,457 $BTC, worth over $70 billion at last check.
Slower buying pace, higher yield
The latest $357 million allocation marks Strategy’s third Bitcoin purchase this month. It follows two smaller buys earlier in August, one of 430 $BTC and another of 155 $BTC. This brings the company’s total acquisitions for the month to 3,666 $BTC, a notable deceleration from the aggressive 31,466 $BTC purchased in July.
This pacing suggests a more tactical, perhaps price-sensitive, approach in the current market cycle compared to previous months of relentless buying. But even at a slower cadence, Strategy’s internal performance metrics continue to move higher.
According to Strategy Executive Chairman and former CEO Michael Saylor, the company’s proprietary Bitcoin Yield metric, a key performance indicator tracking the percentage change in the ratio of its total Bitcoin holdings to its assumed diluted shares outstanding, has climbed to 25.4% year-to-date.
Strategy has acquired 3,081 $BTC for ~$356.9 million at ~$115,829 per bitcoin and has achieved $BTC Yield of 25.4% YTD 2025. As of 8/24/2025, we hodl 632,457 $BTC acquired for ~$46.50 billion at ~$73,527 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/KCrM0ffClo
— Michael Saylor (@saylor) August 25, 2025
Notably, Strategy recently revised its full-year target for this metric upward, from 25% to 30%, and increased its annual Bitcoin gain target from $15 billion to $20 billion, signaling confidence in its ongoing ability to execute its model.
Meanwhile, with a market capitalization of approximately $112 billion against bitcoin holdings valued around $70 billion, the company’s stock trades at a nearly 60% premium to its net asset value.
This allows the company to issue new shares at prices that are at a premium to the Bitcoin they will acquire, creating a virtuous cycle: the proceeds from these equity sales are used to buy more $BTC, which in turn supports the company’s valuation and its ability to raise more capital.