Co-founder Michael Saylor of Strategy hinted at a forthcoming Bitcoin (BTC) purchase, which would mark the company’s third BTC acquisition in August if finalized.
The latest Bitcoin acquisition by the company occurred on August 18, when Strategy bought 430 BTC for $51.4 million, increasing its total holdings to 629,376 BTC, valued at over $72 billion at the current time.
Data from SaylorTracker indicates that Strategy is up more than 56% on its BTC investment, reflecting over $25.8 billion in unrealized gains at current values.
History of Bitcoin purchases by Strategy. Source: SaylorTracker
The BTC acquisitions by the company in August have been relatively modest. Strategy normally secures thousands or tens of thousands of BTC in transactions, yet has only acquired 585 BTC this month through two separate transactions.
Leading in corporate BTC acquisition, Strategy is the largest BTC treasury company by a significant margin. Saylor continues to promote Bitcoin by engaging individual investors and financial institutions, igniting a movement in corporate finance.
Related: Are struggling firms using crypto reserves as a PR lifeline?
Strategy is not directly influencing Bitcoin market prices with its acquisition strategy
Recently, Shirish Jajodia, the corporate treasurer, mentioned to podcaster Natalie Brunell that Strategy’s purchases do not affect the BTC market.
The acquisition of BTC is conducted through over-the-counter transactions, private agreements outside of spot exchanges, and other methods that don’t influence market prices.
Long-term holding of BTC by institutional investors raises Bitcoin’s floor price over time. However, price speculation and trading activities have a more immediate effect on the short-term market price of BTC, Jajodia noted.
“Bitcoin’s trading volume surpasses $50 billion within 24 hours — that’s significant volume. So, if you are purchasing $1 billion over a few days, it doesn’t actually sway the market much,” he added.
Stock price movement of Strategy. Source: TradingView
Strategy persists in accumulating BTC for its corporate treasury, even amid declining share prices that have affected many Bitcoin treasury companies in the latter half of 2025.
The company’s stock dipped to its lowest level in nearly four months on Wednesday, reaching approximately $325 per share, a price not observed since April. Nevertheless, the price recovered to around $358 per share on Friday.
Magazine: Scottie Pippen says Michael Saylor warned him about Satoshi chatter