Strategy Buys Another $217M in BTC
Bitcoin treasury heavyweight Strategy (MSTR) has added another 1,955 BTC to its holdings for approximately $217.4 million at an average price of $111,196 per coin, according to a new SEC filing covering purchases between Sept. 2 and Sept. 7.
What’s the Scoop?
- Massive Holdings: Strategy now holds 638,460 BTC — more than 3% of bitcoin’s total supply — worth about $71B. The firm’s total cost basis stands at $47B, implying roughly $24B of unrealized gains.
- Capital Plan: The purchase falls under Strategy’s expanded “42/42” capital raise plan, which aims to raise $84B for bitcoin accumulation by 2027.
Bankless Take:
Strategy continues aping BTC at a relentless pace. Similar to previous Strategy purchases, the vast majority of funds raised for this round of BTC buys (92%) came from vanilla "at-the-market" MSTR share sales.
Strategy has acquired 1,955 BTC for ~$217.4 million at ~$111,196 per bitcoin and has achieved BTC Yield of 25.8% YTD 2025. As of 9/7/2025, we hodl 638,460 $BTC acquired for ~$47.17 billion at ~$73,880 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/QNIuAWRwEW
— Michael Saylor (@saylor) September 8, 2025