{
  "id": 4655781,
  "title": "Strategy Bought $370 Million Of Bitcoin Last Week",
  "url": "https://urgent.news/2026/08/31/strategy-bought-370-million-of-bitcoin-last-week",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T14:21:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/crypto/articles/strategy-bought-370-million-bitcoin-142100501.html"
  },
  "original_language": "en",
  "account": "U.S. software company Strategy (NASDAQ: $MSTR) made a significant Bitcoin purchase last week, buying 4,603 BTC worth $369.7 million. This marked the company's first Bitcoin acquisition in two months. Strategy funded the purchase by selling $602.80 million of common stock. The BTC were bought at an average price of $80,318 per coin. The remaining proceeds were used for $151.8 million in preferred stock buybacks and to bolster cash reserves. Currently, Strategy holds 845,050 BTC, acquired at an average cost of $75,412 each. Bitcoin's price stood at $77,800 U.S. on August 31, marking a 24% gain for the month, its best since November 2024. Despite its current performance, MSTR stock has dropped 63% over the past year, trading at $127.31 per share.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "Strategy returns to bitcoin buys, adding $370 million of BTC last week",
        "url": "https://urgent.news/2026/08/31/strategy-returns-to-bitcoin-buys-adding-370-million-of-btc-last-week",
        "published": "2026-08-31T12:11:04.000Z"
      },
      {
        "outlet": "The Block",
        "title": "‘We’re back’: Strategy buys another 4,603 bitcoin for $369.7 million as holdings hit 845,050 BTC",
        "url": "https://urgent.news/2026/08/31/were-back-strategy-buys-another-4-603-bitcoin-for-369-7-million-as",
        "published": "2026-08-31T13:11:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}