MicroStrategy Buys More Bitcoin, Up 75% From Last Week: Is the Buying Picking Up?

Source Beincrypto

Strategy, formerly MicroStrategy, bought 1,666 Bitcoin (BTC) in its latest weekly purchase. The company now holds 847,666 BTC, more than any other public company.

Strategy is a Nasdaq-listed software firm that turned itself into a Bitcoin holding company. It reports its purchases to US regulators, usually on Mondays.

MicroStrategy Bitcoin holdings chart showing 847,666 BTC, Source: Strategy]MicroStrategy Bitcoin holdings chart showing 847,666 BTC, Source: Strategy

MicroStrategy Bitcoin Buying Grows 75% From Last Week

The new purchase is about 75% larger than the previous one. Last Monday, Strategy disclosed a 950 BTC buy worth about $76 million, which took its holdings to 846,000 BTC.

Before that, the company ended a 10-week pause on August 31 with 4,603 BTC. The week in between showed no buying at all.

Bitcoin trades near $83,251, down 2.3% over 24 hours, according to BeInCrypto data. At that price, the 1,666 coins are worth roughly $138.7 million.

Saylor’s “Even More Orange” Post Came a Day Earlier

Executive Chairman Michael Saylor hinted at the buy on Sunday. He posted a chart of Strategy’s purchases, where each orange dot marks a buy, with the caption “Even more orange.”

BeInCrypto reported Saylor’s latest signal that evening and said Monday’s filing would confirm any new purchase. The week before, his “A little more orange” post also came a day before the 950 BTC buy.

Strategy’s buying has been uneven this year. Its ledger lists four sales between June 30 and August 10, totaling 6,916 BTC. Last week, it also spent $174 million buying back its own preferred shares, more than twice its Bitcoin spend.

As of last week, Strategy’s average cost stood at roughly $75,400 per coin. Today’s price sits about 10% above that level.

Next Monday’s filing will show whether this week’s larger buy marks a steadier pace or another one-off.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
OpenAI tilts toward 2027 IPO as Anthropic prepares to list firstOpenAI is leaning toward postponing its initial public offering until 2027, per a New York Times report on June 25 citing people involved in the company’s internal deliberations. The shift represents a reversal from the late-2026 timeline OpenAI has signaled since January, with CEO Sam Altman rejecting any valuation below $1 trillion and CFO Sarah...
Author  Cryptopolitan
Jun 26, Fri
OpenAI is leaning toward postponing its initial public offering until 2027, per a New York Times report on June 25 citing people involved in the company’s internal deliberations. The shift represents a reversal from the late-2026 timeline OpenAI has signaled since January, with CEO Sam Altman rejecting any valuation below $1 trillion and CFO Sarah...
placeholder
Gold and Crypto Fall as Hot US Inflation Rattles MarketsAnother hot US inflation report arrived on Thursday, September 10, and all financial markets took a hit, including Gold, Bitcoin, and the S&P 500.It seems like even traditional safe-haven assets like
Author  Beincrypto
Sept 11, Fri
Another hot US inflation report arrived on Thursday, September 10, and all financial markets took a hit, including Gold, Bitcoin, and the S&P 500.It seems like even traditional safe-haven assets like
placeholder
Gold ETFs Just Had Their Second-Biggest Month Ever With $18 Billion InflowGlobal gold exchange-traded funds (ETFs) pulled in $18 billion in August, the second-largest monthly inflow on record, lifting collective holdings to an all-time high of 4,189 tonnes.The World Gold Co
Author  Beincrypto
Sept 11, Fri
Global gold exchange-traded funds (ETFs) pulled in $18 billion in August, the second-largest monthly inflow on record, lifting collective holdings to an all-time high of 4,189 tonnes.The World Gold Co
placeholder
Tesla Enters Vietnam With a $3 Million Sales Unit — and No AnnouncementThe Tesla Vietnam unit launched with roughly $3 million in capital, marking the carmaker’s formal entry into one of Southeast Asia’s fastest-growing electric vehicle markets.Tesla announced nothing. I
Author  Beincrypto
Sept 15, Tue
The Tesla Vietnam unit launched with roughly $3 million in capital, marking the carmaker’s formal entry into one of Southeast Asia’s fastest-growing electric vehicle markets.Tesla announced nothing. I
placeholder
USD/JPY Forecast: Yen Strength Puts 152 Support in Focus as BoJ Tightening LoomsUSD/JPY remains under pressure as the Japanese yen strengthens ahead of another potentially important Bank of Japan policy decision. The pair has fallen toward the mid-155 region after breaking below
Author  Beincrypto
Sept 22, Tue
USD/JPY remains under pressure as the Japanese yen strengthens ahead of another potentially important Bank of Japan policy decision. The pair has fallen toward the mid-155 region after breaking below
goTop
quote