Share this article

Michael Saylor's Strategy Added 3,081 Bitcoin, Bringing Stack to Nearly 632.5K

The purchases last week were made at an average price of $115,829 each and mostly funded via sales of common stock.

Aug 25, 2025, 12:24 p.m. 1 min read
Strategy Executive Chairman Michael Saylor in 2021 (Photo by Joe Raedle/Getty Images)

What to know:

  • Strategy built its bitcoin holdings by another 3,081 tokens last week.
  • The purchase

Amid sizable volatility in prices, Strategy (MSTR) continued building its bitcoin stack last week, buying 3,081 coins for $356.9 million, or an average price of $115,829 each.

The company's holdings are now 632,457 BTC acquired for $46.5 billion, or an average price of $73,527 each.

Bitcoin's plunge to $111,000 over the past 24 hours makes those holdings worth about $70.2 billion in U.S. Monday morning hours.

Last week's bitcoin buys were mostly funded via sales of common stock, from which the company raised $300.9 million. Modest sales of three of the four MSTR preferred stock issues accounted for the rest of funding.

Michael Saylor and Strategy last week drew the ire of at least some of their fans, revising a pledge to never sell common stock when the price was below 2.5x mNAV.

MSTR, of course, has been under considerable pressure over the past few weeks and mNAV — a measure of the multiple of the company valuation versus its bitcoin holdings — has been well under 2x for some time.

MSTR is lower by more than 4% premarket alongside the steep slide in bitcoin.

More For You

ETFs (Markus Winkler/Pixabay, modified by CoinDesk)

The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still drifted lower, with Hyperliquid's HYPE the only major name to rally.

What to know:

  • U.S. stocks and oil rallied, with the S&P 500 logging a ninth straight weekly gain and Brent crude hovering near $92 a barrel on hopes for a U.S.-Iran ceasefire extension.
  • Major cryptocurrencies lagged the macro rally, with bitcoin, ether and other large-cap tokens falling around 2% to 6% amid cooling...