Strategy Resumes Bitcoin Purchases After Two-Month Pause
After a two-month pause, MicroStrategy (MSTR) has resumed its Bitcoin buying strategy by purchasing $370 million worth of BTC at an average price of around $80,300 per coin. The company used proceeds from the sale of newly issued MSTR shares to fund this purchase and also allocated funds for dividends and share repurchases. This move follows a recent rebound in Bitcoin's value, which rose over 23% on August 21 after spending much of the previous ten months in bear market conditions. MicroStrategy has faced financial challenges during the downturn as its aggressive accumulation model became harder to sustain with falling BTC prices and reduced ability to raise capital. In June, it sold Bitcoin worth $544 million across three occasions to meet obligations. The company is now shifting away from debt financing for Bitcoin purchases due to shareholder concerns over MSTR's declining stock price. To support its strategy, MicroStrategy introduced STRC in July 2025—a dividend-paying share class aimed at attracting income-focused investors and generating cash flow. In June, the firm also established a financial backstop plan to ensure it can meet obligations even if Bitcoin prices remain weak.
Tickers: $MSTR
Topics: Bitcoin Michael Saylor MSTR stock buybacks treasury strategy