Key Insights:
- Strategy purchased 430 BTC last week at an average price of $119,666
- The firm now holds 629,376 BTC, bought for approximately $46.15 billion
- MSTR stock and Bitcoin both declined amid broader market correction
Strategy, formerly MicroStrategy, has added another 430 Bitcoin to its corporate treasury during the week of August 11–17. The acquisition cost $51.4 million, with an average price of $119,666 per BTC.
This purchase came as Bitcoin’s price fell nearly 5% in seven days, dropping below the $115,000 level on Sunday. The move highlights Strategy’s continued accumulation even during high market volatility.
MSTR Equity Guidance Updated to Optimize Bitcoin Acquisitions
Alongside the purchase, Strategy updated its MSTR Equity ATM Guidance to reflect new capital allocation strategies based on market NAV. The firm indicated it will actively issue equity to buy Bitcoin when MSTR trades above 4.0x mNAV.
Between 2.5x and 4.0x mNAV, Strategy will issue shares opportunistically to acquire more Bitcoin. Below 2.5x mNAV, issuance will focus on debt obligations and other internal needs.
If MSTR trades below 1.0x mNAV, the company may use credit to repurchase its own shares. The implied MSTR share prices tied to these NAV multiples range from $210 to $1,000, as of August 17, 2025.
Stock Performance Weakens as Market Pulls Back
MSTR stock declined over 2% in premarket trading and is down more than 6% over the last five days. This drop aligns with Bitcoin’s retracement and broader weakness in the digital asset market.
TradingView data shows MSTR traded at $358, down from $366 last week. The company’s stock often mirrors Bitcoin’s price action due to its significant exposure.
Despite the short-term decline, MSTR remains up 22% year-to-date and 174% over the past year. Bitcoin is also up nearly 22% YTD, maintaining strong long-term growth momentum.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/news/strategy-adds-430-btc-now-holds-629376/