Bitcoin News Today: Bitcoin Firm's $450M Buy Adds 4,048 BTC, Eyes S&P 500 Inclusion

Strategy has significantly expanded its Bitcoin holdings by purchasing an additional 4,048 BTC for $449.3 million, bringing its total Bitcoin holdings to 636,505 BTC as of September 1, 2025. This latest acquisition increases the company’s total investment in Bitcoin to approximately $46.95 billion. The average price per Bitcoin in this recent purchase was $110,981, marking a continued commitment to aggressive Bitcoin accumulation by the firm [3].

The purchase was funded through multiple at-the-market (ATM) offerings, including the issuance of Class A common stock (MSTR) and various perpetual preferred stocks (STRK, STRF, STRD). These financing mechanisms allowed the company to raise $471.8 million from August 26 to September 1. Notably, the firm’s recent strategic shift has focused more on issuing perpetual preferred shares, with several programs remaining well-capitalized for further Bitcoin acquisitions [3].

This development aligns with a broader trend of corporate Bitcoin treasury adoption. In the same period, other companies have also made significant Bitcoin purchases, reinforcing the normalization of Bitcoin as a corporate asset. These include Ming Shing Group’s acquisition of $483 million of Bitcoin and KindlyMD’s purchase of $679 million of the digital asset [3]. Strategy’s aggressive capital-raising and Bitcoin accumulation model continue to serve as a blueprint for other firms exploring digital asset integration into their balance sheets.

Despite the significant corporate buying pressure, Bitcoin’s price has remained relatively stable, trading at around $111,000 during the period. Analysts suggest that the market appears to have sufficient depth to absorb such large-scale purchases without significant volatility. Strategy’s CEO, Michael Saylor, has reiterated the company’s belief that Bitcoin remains undervalued, with its current price still representing a “sale” opportunity for long-term investors [4].

The company’s capital structure has been designed to allow flexibility in executing its Bitcoin acquisition strategy. For instance, Strategy recently adjusted its guidance to permit equity issuance even when its market cap to net asset value (mNAV) ratio is below 2.5x, which provides greater flexibility during periods of market weakness. As of the latest data, the firm’s mNAV stands at approximately 1.37x, and its market capitalization remains well above its Bitcoin net asset value [4].

Looking ahead, Strategy is also making strides toward potential inclusion in the S&P 500 index. The company has officially qualified for inclusion based on its financial performance, profitability, and market capitalization. If admitted, it would represent a milestone moment for Bitcoin adoption in mainstream financial markets, as Strategy would become the first Bitcoin-treasury company to be included in the benchmark index [1]. The next potential inclusion date is set for the September 2025 index rebalance, with a final decision expected on September 5 [1].

Source: [1] Strategy Qualifies for S&P 500, Inclusion Decision Awaits ... (https://www.coindesk.com/markets/2025/09/01/strategy-qualifies-for-s-and-p-500-inclusion-decision-could-come-on-friday) [2] Metaplanet Buys 1009 BTC, Reaches 20000 BTC (https://cointelegraph.com/news/metaplanet-20000-btc-treasury-share-price-slump) [3] Bitcoin Price Surges Above $111000 As Strategy Buys ... (https://bitcoinmagazine.com/markets/bitcoin-price-surges-above-111000-as-strategy-buys-449-million-worth-of-btc) [4] 'Bitcoin is still on sale': Strategy buys another ... (https://www.theblock.co/post/368902/bitcoin-is-still-on-sale-michael-saylor-strategy-buys-more-btc)