Michael Saylor, co-founder of Strategy, has suggested that the firm is preparing for yet another major Bitcoin purchase.
If confirmed, it would be the company’s third addition to its Bitcoin treasury in August, reinforcing its reputation as the largest corporate BTC holder worldwide.
Earlier this month, Strategy picked up 430 BTC worth over $51 million, pushing its total stash to more than 629,000 BTC — a haul now valued above $72 billion. Data from SaylorTracker shows the firm sitting on $25.8 billion in unrealized profits, with its Bitcoin strategy up more than 56% overall.
A Lighter August for Bitcoin Buys
Despite the bullish tone, Strategy’s August acquisitions have been relatively modest compared to its usual buying patterns. The company is known for scooping up thousands of BTC at a time, yet it has only accumulated 585 BTC so far this month across two transactions.
Still, even these smaller buys underline Saylor’s unwavering push to make Bitcoin the cornerstone of corporate finance. He continues to champion BTC to institutions and retail investors alike, a campaign that has helped push the idea of digital gold into boardrooms worldwide.
Does Strategy’s Buying Move the Market?
According to Strategy’s corporate treasurer, Shirish Jajodia, the firm’s purchases don’t directly sway Bitcoin’s price. In a recent interview, he explained that acquisitions are made through over-the-counter deals rather than public exchanges, keeping them largely invisible to day-to-day market moves.
“Bitcoin’s daily trading volume is around $50 billion,” Jajodia said. “Buying $1 billion over a few days doesn’t have the kind of impact people imagine.”
While traders and speculators drive short-term volatility, Jajodia argued that long-term corporate holders like Strategy steadily lift Bitcoin’s price floor by reducing circulating supply.
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