- Michael Saylor’s Strategy resumed its Bitcoin buying spree after a nearly 10-week pause, accumulating $370 million in BTC on August 30, 2026.
- The firm’s purchase followed President Donald Trump’s announcement that the U.S. is considering buying a “sizeable” amount of Bitcoin, boosting market confidence.
- Strategy now holds approximately 818,869 BTC worth $64.2 billion, and has created separate cash pools totaling $6.71 billion for treasury management.
Michael Saylor’s Strategy has resumed its aggressive Bitcoin buying spree after nearly a 10-week pause, accumulating $370 million in BTC on Sunday, August 30, 2026. The firm returned in its signature style, according to a report from Bloomberg, amid growing confidence in the digital-asset sector. The restart followed President Donald Trump’s announcement last week that the U.S. is considering buying a “sizeable” amount of the world’s largest cryptocurrency. Consequently, Bitcoin surged from a low of $62,000 to a high of $78,000 in just two days, pulling other cryptocurrencies like XRP upward. Strategy raised $602.8 million through a common stock sale to fund the purchases while buying back $151.8 million of preferred shares. The rebound has driven MSTR shares up nearly 12% in a week and 40% in a month, reaching $132 at Monday’s close. Meanwhile, the firm is reshaping its treasury by creating a separate cash pool for preferred-stock dividends and debt payments. These two reserves now total $5.1 billion and $1.61 billion, respectively. Strategy remains the largest corporate Bitcoin holder with approximately 818,869 BTC, worth $64.2 billion at current prices.
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