Strategy Resumes Bitcoin (BTC) Buying With 950 BTC Purchase After Two-Week Pause

Strategy Ends Two-Week Buying Pause

Strategy, the world's largest publicly traded Bitcoin (BTC) treasury company, has resumed its accumulation program after a two-week pause, adding 950 BTC for $75.7 million. The acquisition, executed between Sept. 14 and Sept. 20 at an average price of $79,670 per coin including fees and expenses, was disclosed in a Form 8-K filing with the U.S. Securities and Exchange Commission on Monday. The purchase lifted total holdings to 846,000 BTC, acquired for a cumulative $63.80 billion at an average cost of $75,416 per Bitcoin. Notably, the company funded the buy entirely from its existing dollar balance — no shares were sold through its at-the-market programs during the period — cementing its role as the de facto corporate strategic Bitcoin reserve.

STRC Buybacks Outpace Bitcoin Spend

Preferred-stock repurchases again dwarfed the Bitcoin outlay. Strategy bought back roughly 1.77 million STRC shares for $174 million in the same reporting week — more than double what it spent on the 950 coins. STRC, the Nasdaq-listed perpetual preferred engineered to trade near its $100 stated amount, closed Friday at $98.51 and fetched $98.85 in Monday premarket trading. Buybacks since July 20 have consumed roughly $950.8 million across nearly 9.96 million shares, pushing total spending past the $1 billion mark, with $875.1 million in authorization still available and a separate $1 billion MSTR common-stock program untouched. Chief Executive Phong Le has framed the logic plainly: retiring preferred securities below $100 trims future dividend obligations at a discount.

A Smaller Buy Than August

The August comparison shows how far the buying engine has throttled down. Strategy's previous acquisition landed Aug. 31, ending a ten-week drought with 4,603 BTC bought for $369.7 million at an average of $80,318 — financed by selling 4.53 million MSTR shares for $602.8 million in net proceeds. Last week's order was roughly 79% smaller in dollar terms. Executive Chairman Michael Saylor teased the disclosure Sunday with a one-line post reading “A little more orange,” but the filing reveals a deliberate, cash-first approach rather than a leveraged sprint. The purchase also restores the balance to the 846,000 BTC level reported at the end of the second quarter, before July and August activity trimmed it — a restraint that lands even as corporate Bitcoin consolidation accelerates sector-wide.

Strive Adds 1,355 BTC

Strategy was not the only buyer. Strive, the fifth-largest corporate Bitcoin holder, disclosed Monday that it acquired 1,355 BTC last week, lifting its treasury to 26,355 BTC. The addition followed an early-September purchase of 469 BTC for roughly $36.6 million at an average of $77,954 per coin, funded through proceeds from its SATA preferred stock, and a late-August order of 1,800 BTC for about $143 million. ASST shares gained 6.44% to $32.03 in Monday premarket trading after the disclosure. As these corporate crypto whale balances swell, listed treasury firms are becoming a structural bid beneath the market — a flow that in quiet weeks increasingly shapes spot exchange dynamics.

MSTR Gains on $8B Paper Profit

Markets rewarded the return to buying, extending the short-squeeze rally past $84,000. Strategy shares rose 7.4% to $165.20 in Monday premarket trading. At a Bitcoin price near $84,925 when the filing hit, the company's stack was worth roughly $71.85 billion — an unrealized gain of about $8.05 billion on the $63.80 billion cost basis. BitcoinTreasuries data shows MSTR trading at 0.88 times the value of the Bitcoin behind it, a discount buybacks have yet to close. Neither company has signaled any intent to sell; the posture remains pure HODL, with the stack held as a long-term balance-sheet asset — background reading in our Bitcoin (BTC) primer. Readers tracking the market in real time can follow live spot and futures prices on Bitget.

$81,741 Support Holds the Key

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $81,741.54 support at 65/100 (STRONG), driven by a flip of prior resistance into support, Ichimoku Tenkan and Kijun alignment, and the S1 pivot, with a secondary shelf at $83,447.73 scoring 61/100. Upside, the $86,975 ATR Upper band (32/100) is the first test before the $92,442.92 Fibonacci 1.272 extension (52/100). Spot prints $85,859, up 6.49% in 24 hours, with RSI at 72.86, a bullish MACD and an intact uptrend. Derivatives positioning stays balanced: funding at 0.0063%, open interest of $18.6 billion and a 0.97 long/short account ratio argue against crowding, while a Fear & Greed Index of 70 confirms greed-territory sentiment. Bullish case: hold $81,741 and target $92,442. A daily close below that shelf invalidates the thesis.