Strategy adds $51M in Bitcoin as price hit $124K ahead of sharp dip

@justmythoughts · 2025-08-19 06:44 · LeoFinance

Strategy Inc., led by Michael Saylor, added 430 Bitcoin for $51.4 million during the week ending Sunday, August 17, 2025. This purchase occurred as Bitcoin's price surged to new all-time highs above $124,000 on Wednesday before sharply dipping to around $115,000 by the end of the week. The average price paid by Strategy for this batch was $119,666 per Bitcoin, reflecting the high volatility in the market.

With this acquisition, Strategy's total Bitcoin holdings reached 629,376 BTC, valued at about $46.15 billion, with an average purchase price of $73,320 per coin. Despite recent price volatility, Michael Saylor emphasized that "volatility is a gift to the faithful," signaling confidence in holding through fluctuations.

This latest purchase follows a period of aggressive accumulations, including over 31,000 BTC bought between mid-July and early August 2025, though recent buys like this one are relatively smaller. Overall, Strategy's Bitcoin profit year-to-date reached 25.1% in 2025, combining price appreciation and strategic accumulation.

The company's substantial Bitcoin holdings underscore its role as the largest public Bitcoin holder and highlight ongoing institutional interest in Bitcoin as a corporate treasury asset despite market swings. Strategy also updated its equity issuance guidance to allow more flexibility in financing moves tied to Bitcoin investments.

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