Strategy, the company co-founded by Michael Saylor and the world’s largest public Bitcoin holder, has added more Bitcoin to its reserves. According to a filing with the US Securities and Exchange Commission on Monday, the firm acquired 430 BTC for $51.4 million during the week ending Sunday.
The purchase came as Bitcoin prices moved sharply, hitting fresh all-time highs before falling back. The new batch cost the company an average of $119,666 per coin, with Bitcoin trading near $120,000 on Monday but slipping to around $115,000 by Sunday, data from CoinGecko showed.
Strategy’s Growing Bitcoin Holdings
Following the latest purchase, Strategy’s total Bitcoin holdings now stand at 629,376 BTC. These holdings were acquired for roughly $46.15 billion at an average price of $73,320 per coin.
Earlier last week, Bitcoin had surged past $124,000 before pulling back to $115,000 by the weekend. At the peak, Saylor reported that the company’s Bitcoin stash was valued at $77.2 billion, its highest ever.
Smaller Buys Compared to Previous Months
The 430 BTC purchase is smaller compared to Strategy’s earlier acquisitions. Just last week, the firm disclosed another 155 BTC purchase. In contrast, from July 14 to August 3, Strategy bought 31,466 BTC across three transactions. This was also higher than the 17,075 BTC bought in June.
The latest acquisition was also smaller than Japanese investment firm Metaplanet’s recent purchase of 775 BTC worth around $93 million at an average price of $120,006 per coin.
Saylor Comments on Bitcoin Volatility
As Bitcoin prices swung sharply last week, Saylor weighed in on social media. On Thursday, he wrote on X: “Volatility is a gift to the faithful,” after Bitcoin slipped below $118,000 just a day after touching new highs.
Saylor has also highlighted the broader Bitcoin treasury trend. He reposted several updates, including one from treasury tracker NLNico, which noted that companies collectively bought 3,900 BTC in the week of August 11–17, making 62 announcements in total.
