Co-founder Michael Saylor of Strategy hinted at an upcoming Bitcoin (BTC) purchase, which, if finalized, would mark the company’s third BTC acquisition in August.
On August 18, Strategy made its latest Bitcoin purchase, acquiring 430 BTC for $51.4 million, increasing its total holdings to 629,376 BTC, valued at over $72 billion as of this writing.
Data from SaylorTracker indicates that Strategy is up more than 56% on its BTC investment, signifying over $25.8 billion in unrealized gains at current market prices.
This month, the company’s BTC acquisitions have been relatively modest. Typically, Strategy buys thousands or tens of thousands of BTC in each transaction, but it has only purchased 585 BTC across two separate deals this month.
As a leader in corporate BTC acquisition, Strategy holds the largest BTC treasury by a considerable margin. Saylor continues to promote Bitcoin adoption among individual investors and financial institutions, igniting a movement within corporate finance.
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Strategy’s acquisitions do not directly affect Bitcoin market prices
Shirish Jajodia, the company’s corporate treasurer, recently informed podcaster Natalie Brunell that Strategy’s purchases do not influence the BTC market.
The company acquires BTC via over-the-counter transactions and private agreements, methods that do not affect market prices.
Institutional investors tend to hold BTC for the long term, which gradually raises Bitcoin’s floor price. However, factors like price speculation and trading activity have a more immediate effect on short-term BTC prices, according to Jajodia.
“Bitcoin’s trading volume exceeds $50 billion within any 24-hour period — that’s a substantial volume. So, purchasing $1 billion over a few days doesn’t significantly impact the market,” he added.
Despite declining share prices affecting most Bitcoin treasury companies in the latter half of 2025, Strategy continues to build its BTC reserves.
The company’s stock hit its lowest level in nearly four months on Wednesday, reaching about $325 per share, a price not seen since April. However, it rebounded to approximately $358 per share by Friday.
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