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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.
Strategy Executive Chairman Michael Saylor in 2021 (Photo by Joe Raedle/Getty Images)
Michael Saylor (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.

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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.

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

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Lighter trading platform sees $250 million withdrawn 24 hours after airdrop

Lighter sees $250 million in outflows following its token generation event. (geralt/Pixabay)

Bubblemaps CEO says outflows seen on Lighter on Dec. 31 are not uncommon as users rebalance hedging positions and move on to the next farming opportunity.

What to know:

  • Approximately $250 million was withdrawn from Lighter after its $675 million LIT token airdrop.
  • The withdrawals represent about 20% of Lighter's total value locked, according to Bubblemaps CEO Nicolas Vaiman.
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