Strategy, the company formerly known as MicroStrategy, continues to double down on its bitcoin treasury strategy, with CEO Michael Saylor hinting at further purchases following a streak of recent acquisitions.
Saylor signals further accumulation
On August 31, Saylor shared a chart from the independent “Saylor Tracker” platform, highlighting the company’s extensive bitcoin buying history. His accompanying comment read:
“Bitcoin is still on sale.”
Saylor’s social media hints have historically preceded purchase announcements.
Observers note that Strategy has disclosed new bitcoin acquisitions every Monday for the past three weeks, fueling expectations that this pattern may persist into September.
Last week, the firm reported buying 3,081 BTC at an average price of $115,829 per coin, increasing its total holdings to 632,457 BTC, now valued at about $68.6 billion.
Current and historical details can be found on the MicroStrategy historical bitcoin holdings tracker.
Equity raises fuel bitcoin strategy
To finance its aggressive accumulation, Strategy has raised $5.6 billion through IPOs in 2025 alone, accounting for roughly 12% of all US listings this year.
Despite this capital-intensive approach, the company states its stock (MSTR) has outperformed the so-called Magnificent Seven tech stocks year-over-year.
For a comparison of MSTR stock performance versus bitcoin, see the MicroStrategy stock price vs BTC chart.
Legal overhang removed
Coinciding with Saylor’s recent remarks, a class action lawsuit alleging Strategy misled investors over its bitcoin accounting practices was dismissed with prejudice.
This outcome prevents plaintiffs from refiling the same claims and removes a significant legal risk for the company.
The move is seen as potentially influential for other companies holding bitcoin as a balance-sheet reserve.
Treasury model reinforced
By securing legal relief while signaling continued bitcoin accumulation, Strategy is reinforcing its approach of leveraging capital markets and maintaining a robust bitcoin reserve on its balance sheet.
