Thomas Daniels
Strategy, the corporate vehicle led by Bitcoin advocate Michael Saylor, has further expanded its digital asset portfolio with a $217.4 million Bitcoin acquisition, underscoring its commitment to a long-term accumulation strategy.
According to a recent filing with the U.S. Securities and Exchange Commission, the firm acquired 1,955 BTC between September 2 and 7 at an average price of $111,196 per coin. The transaction coincided with a brief rally that pushed Bitcoin above $113,000 before prices stabilized near the $110,000 mark.
This latest purchase brings Strategy’s total Bitcoin holdings to 638,460 BTC, acquired at an aggregate cost of approximately $47.2 billion. The firm’s average purchase price now stands at $73,880 per Bitcoin.
September’s activity builds on a steady cadence of accumulation throughout the year. In August, Strategy acquired 7,714 BTC, following larger purchases of 31,466 BTC in July and 17,075 BTC in June. The ongoing accumulation is financed through at-the-market equity offerings, including issuances of Series A Perpetual Preferred Stock and common shares.
Strategy’s disciplined capital deployment and aggressive Bitcoin strategy have solidified its position as the largest publicly traded corporate holder of Bitcoin. As institutional demand for scarce digital assets grows, Strategy’s high-conviction bet continues to shape the broader market narrative around Bitcoin as a reserve asset.
