Strategy Resumes Bitcoin Buying After 10-Week Hiatus
Bitcoin Magazine Strategy Resumes Bitcoin Buying After 10-Week Hiatus Bitcoin treasury Strategy resumed its bitcoin buys last week, snapping up nearly $370 million in the leading cryptocurrency, according to a Monday announcement from the company. A filing with the Securities and Exchange Commission shows that Strategy bought 4,603 bitcoins for $369.7 million between August 24 to August 30.
Each coin was bought at an average price of $80,318, according to the filing. The buy comes after Strategy paused its bitcoin buys in June, instead focusing on building a cash buffer, buying back its stock and even sometimes selling some of its holdings. JUST IN: Strategy buys 4,603 BTC for $370 million!
pic.twitter.com/daSanqch1v— Bitcoin Magazine (@BitcoinMagazine) August 31, 2026 “Strategy is evolving from one-way capital issuance to active capital management,” Strategy CEO Phong Le said in June.
“We intend to move between issuing securities when capital is attractive and repurchasing securities when our instruments trade at levels that make buybacks accretive.
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