Bitcoin News Today: "MicroStrategy Prints $10B Profits, Then Buys Just 7,714 Bitcoin in August"

MicroStrategy, led by Michael Saylor, has made a $449 million Bitcoin acquisition in the most recent week, adding 4,048 BTC to its holdings and raising the company’s total to 636,505 BTC. The purchase occurred as Bitcoin’s price fluctuated between $108,000 and $113,000, with an average cost per coin of $110,981. The company has funded these purchases primarily through common stock offerings, a strategy that has sparked debate within the investment community due to potential dilution of existing shareholders’ equity [1].

The decision to issue common stock came despite a previous commitment by the company to refrain from issuing shares when the market net asset value (mNAV)—a ratio comparing the company's stock valuation to the value of its Bitcoin holdings—fell below 2.5x. However, with mNAV currently hovering near 1.5x and limited demand for preferred shares or convertible debt, MicroStrategy deemed stock issuance the most viable option to sustain its aggressive Bitcoin buying strategy [2]. The company’s Bitcoin holdings are now valued at approximately $70 billion at the current Bitcoin price of $109,400 [1].

MicroStrategy’s August acquisitions, which include the latest 4,048 BTC, bring the total for the month to 7,714 BTC, a marked decline compared to July’s 31,466 BTC purchases. This slowdown in buying activity has raised concerns among investors, particularly as the company’s stock has fallen by 16% since reporting record $10 billion in net income for the second quarter of 2025. MSTR shares opened at $339.4 in pre-market trading on Tuesday, according to TradingView data [1]. The decline in both the volume of Bitcoin purchases and the stock price has prompted mixed reactions from investors, with some expressing optimism about the long-term value of the company’s Bitcoin strategy, while others have voiced skepticism about the near-term outlook [2].

Michael Saylor’s personal wealth has also surged in recent months, with his net worth rising to $7.37 billion as of September 2025. This places him at number 491 in the Bloomberg Billionaires Index, a testament to the growing influence of Bitcoin in global finance. Saylor’s fortune is largely tied to his stake in MicroStrategy, which holds over 580,000 BTC. The company’s Bitcoin purchases now account for more than 2% of the total Bitcoin supply, solidifying its position as a major player in the cryptocurrency market. Saylor’s advocacy for Bitcoin has also earned him a prominent role in the industry, with frequent appearances at high-profile events and ongoing engagement with regulators [3].

The broader cryptocurrency market, however, appears to be in a more cautious phase. According to sentiment platforms like Santiment and Alternative.me, the market is currently in a “Fear” mode, with investors showing reduced interest in high-risk altcoins and a greater focus on large-cap assets such as Bitcoin and Ethereum. The Crypto Fear & Greed Index recorded a score of 44 on Sunday, indicating heightened caution among traders. Some analysts have noted that Bitcoin’s price remains indecisive, with concerns mounting about the possibility of a price drop below $100,000 in the near term [4]. Despite these concerns, Bitcoin remains a central point of discussion among institutional investors, particularly with growing regulatory clarity in the U.S. and Europe driving increased adoption of digital assets as corporate treasuries [5].

As the corporate sector continues to integrate cryptocurrencies into their balance sheets, the long-term viability of MicroStrategy’s Bitcoin-centric strategy will likely depend on both the performance of the asset and the broader regulatory landscape. While short-term volatility and stock market concerns persist, the company’s commitment to Bitcoin has positioned it as a defining figure in the evolving narrative of institutional cryptocurrency adoption [1][2][3].

Source:

[1] Michael Saylor's MSTR Buys More Bitcoin (https://www.coindesk.com/markets/2025/09/02/strategy-added-another-4-408-bitcoin-for-usd450m-last-week)

[2] Strategy adds $449M in Bitcoin, raising August total to 7.7K ... (https://cointelegraph.com/news/michael-saylor-strategy-buys-4048-btc-bitcoin-holdings-636505)

[3] Michael Saylor Enters Bloomberg Billionaires Top 500 (https://bitbo.io/news/saylor-bloomberg-billionaires-index/)

[4] Crypto Sentiment Shifts To Fear As Altcoin Interest Wanes (https://cointelegraph.com/news/crypto-market-sentiment-fear-altcoin-interest-down)

[5] $4.11 Trillion Crypto Market Hits Record as Corporate America Embraces Digital Treasuries (https://www.prnewswire.com/news-releases/4-11-trillion-crypto-market-hits-record-as-corporate-america-embraces-digital-treasuries-302547798.html)