Strategy Inc. has bought more Bitcoin as the market wobbles, adding another small slice to its vast Cryptocurrency Department.
The company said it bought 430 BTC for around $51.4 million at an average price of nearly $119,666 per coin. With this move, the strategy remains familiar to its role as one of Bitcoin’s biggest corporate holders.
Buy details and holdings
Based on the company’s disclosure and SEC filing, the company currently holds 629,376 BTC, which accounts for almost 3% of the total supply of Bitcoin supply.
The strategy acquired 430 BTC for ~$119,666 per Bitcoin for ~$51.4 million, achieving a 2025 YTD BTC yield of 25.1%. $ BTC It acquired it at $73,320 per Bitcoin for $461.5 billion. $MSTRER $ strc $ strk $ strlf $ strd https://t.co/flrjckdmqo
– Michael Saylor (@saylor) August 18, 2025
The report will bring the total cost of the stash to approximately $461.5 billion. The latest 430 BTC came after the company sold its stocks and raised money. Earnings from STRK, STRF and STRD stocks (approximately $19.3 million, $19 million, and $12.1 million, respectively) funded the purchase.
Michael Saylor also hinted at the X’s Sunday Post to the new purchase, captioning “The orange is insufficient.”
Fresh purchases are made for the third consecutive week. The pattern shows that the company is sticking to stable accumulation habits. However, at its holdings, 430 BTC is not a small strategic change, but a daily top-up.
The orange is insufficient pic.twitter.com/qcrt0rtzeg
– Michael Saylor (@saylor) August 17, 2025
New Equity Guidance and Financing Rules
The report discloses updates to the company’s equity guidance in the market related to MNAV levels. The company will actively issue MSTR shares when the market NAV times (MNAV) exceeds 4.0 times.
When MNAV reaches 2.5 to 4.0 times, they issue shares to buy more BTC. If MNAV falls below 2.5 times, the company said it will prioritize paying debt and financing preferred stock dividends.
BTCUSD trading at $115,943 on the 24-hour chart: TradingView
There is also a memo that if the MNAV is less than 1.0 times, the company may consider using credits to buy back MSTR shares.
That guidance is important as issuing shares affects the stock holders. This presents this as a tool that the company uses depending on the market situation.
Market movements and inventory reactions
Bitcoin was pulled back last week, and the company’s stocks fell along. Bitcoin has dropped almost 5% in the last seven days, falling below the psychological $115,000 mark at one point.
MSTR stocks have fallen more than 8% over the past five days, sliding to around $357 from the previous $365 in recent trading.
Meta featured images, TradingView chart
Editing process Bitconists focus on delivering thorough research, accurate and unbiased content. We support strict sourcing standards, and each page receives a hard-working review by a team of top technology experts and veteran editors. This process ensures the integrity, relevance and value of your readers’ content.