Back to all news
Bitcoin

Strategy Buys $370M of Bitcoin in First Purchase Since June

Decrypt·August 31, 2026·1 min read
Strategy Buys $370M of Bitcoin in First Purchase Since June

Strategy purchased 4,603 BTC for $370 million, an average price of $80,318 per coin, marking its first Bitcoin acquisition since June. The price is roughly 29% higher than the proceeds from bitcoin the company sold this summer, signaling renewed conviction in the market.

Read at Decrypt
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store