Strategy Doubles Down on Bitcoin, Holding 636,505 BTC Amid Price Surge

Michael Saylor, Chairman of Strategy, has announced the purchase of 4,048 additional Bitcoin, increasing the company's holdings to 636,505 BTC. This significant investment has contributed to a price surge past $113,000, reflecting market faith in institutional adoption. Saylor's bullish view of Bitcoin aligns with the company's commitment to the asset as a treasury holding. Strategy's BTC purchases tighten the available supply and contribute to Bitcoin's rising prominence in corporate portfolios, potentially spurring further institutional activity.

Michael Saylor, Chairman of Strategy, has announced the purchase of 4,048 additional Bitcoin (BTC), increasing the company's holdings to 636,505 BTC. This significant investment has contributed to a price surge past $113,000, reflecting market faith in institutional adoption. Saylor's bullish view of Bitcoin aligns with the company's commitment to the asset as a treasury holding. Strategy's BTC purchases tighten the available supply and contribute to Bitcoin's rising prominence in corporate portfolios, potentially spurring further institutional activity.

The acquisition, made between August 25 and August 30, was executed at an average price of $110,981 per BTC, with the crypto asset briefly surging above $113,000 and subsequently dropping below $108,000 on Friday [1]. This move brought Strategy’s total Bitcoin holdings to 636,505 BTC, purchased for about $46.95 billion at an average price of $73,765 per coin.

The latest Bitcoin purchases were made using proceeds from four of its at-the-market (ATM) equity offerings [1]. This acquisition followed regular but modest buying in August, including a 3,081 BTC purchase announced last week. The other August purchases were buys of 430 BTC and 155 BTC. Together with the latest purchase, Strategy acquired 7,714 BTC in August, a significant decline from the 31,466 BTC bought in July [1].

The Satoshi-era wallet reactivation coincides with spot Bitcoin ETFs recording fresh inflows of $328.94 million on September 3, driven largely by major funds including Fidelity, BlackRock, and Ark Invest [3]. This inflow, equivalent to roughly 2,933 BTC, represents strong institutional demand for BTC and tightens available spot supply, potentially supporting price levels. Meanwhile, Ethereum ETFs experienced large outflows totaling ~49,829 ETH (~$222.49M), underscoring divergent fund flows between BTC and ETH [3].

The institutional adoption of Bitcoin has reached a tipping point, reshaping portfolio strategies across global finance. From a speculative asset to a core portfolio component, Bitcoin’s integration into institutional frameworks is no longer a question of if but how fast. By Q3 2025, 59% of institutional investors allocated over 5% of their assets to digital assets, with Bitcoin leading the charge [3]. This shift is driven by the approval of U.S. spot Bitcoin ETFs and the subsequent influx of billions in liquidity.

Bitcoin's role as a hedge against traditional assets remains contentious. Academic studies reveal a growing correlation with equities: the S&P 500’s correlation with Bitcoin rose from 0.15 pre-ETF to 0.42 post-ETF [2]. However, Bitcoin’s fixed supply and decentralized nature make it a compelling hedge against fiat devaluation, particularly in high-inflation economies like Venezuela and Argentina [1]. Institutional portfolios with a 5% Bitcoin allocation have demonstrated improved Sharpe ratios, offering diversification benefits during equity market downturns [1].

Bitcoin's growth trajectory is bolstered by regulatory clarity and macroeconomic tailwinds. The U.S. Strategic Bitcoin Reserve, established in March 2025, and the passage of the CLARITY Act have normalized crypto in institutional portfolios [4]. Global regulatory frameworks like the EU’s MiCAR further reduce friction, enabling cross-border adoption. Analysts project Bitcoin could surpass $130,000 in H2 2025, driven by a 4-year halving cycle and sustained institutional inflows [3].

Michael Saylor’s Strategy continues to reinforce its long-standing strategy of accumulating Bitcoin with the latest acquisition. This move underscores institutional interest in Bitcoin as a strategic reserve asset and merits attention from investors tracking corporate adoption, liquidity, and long-term market structure. The reactivation of a Satoshi-era wallet and the subsequent ETF inflows further highlight the growing interest and demand for Bitcoin from both long-term holders and institutional investors.

References:
[1] https://www.ainvest.com/news/michael-saylor-reveals-key-long-term-bitcoin-success-bitcoin-marathon-sprint-2509/
[2] https://www.ainvest.com/news/institutional-adoption-bitcoin-paradigm-shift-portfolio-strategy-2509/
[3] https://www.ainvest.com/news/corporate-bitcoin-adoption-structural-supply-shock-institutional-inflection-point-2509/