Michael Saylor Buys 430 Bitcoins Worth $51.4 Million, MSTR Shares Dragged Down!

Jakarta, Pintu News – Strategy Company, formerly known as MicroStrategy, has again added BTC holdings to its corporate coffers, cementing its position as the company with the largest Bitcoin (BTC) coffers.

This latest purchase comes amid the market correction that the major crypto asset is undergoing, while MSTR’s shares have also seen a decline in line with market conditions.

Strategy Adds 430 BTC Worth $51.4 Million

In a recent press release, Strategy announced that it had bought 430 BTC worth $51.4 million, at an average price of $119,666 per Bitcoin, bringing its total BTC yield this year to 25.1% (YTD).

Read also: 3 US Economic Events Shaping the Crypto Market This Week

Currently, the company holds 629,376 BTC (about 3% of the total Bitcoin supply), which was previously purchased for a total of $46.15 million and an average price of $73,320 per Bitcoin.

SEC documents show that Strategy used the proceeds from the sale of STRK, STRF, and STRD shares for this purchase, with each sale generating $19.3 million, $19 million, and $12.1 million, respectively.

This is the third consecutive Bitcoin purchase in three weeks, after last week Strategy bought 155 BTC worth $18 million.

The company’s co-founder, Michael Saylor, hinted at this purchase through a post on X (formerly Twitter) with the caption ‘Insufficient Orange’, indicating they had added to their BTC holdings.

Strategy announces new guidelines for capital raising

Strategy updated its MSTR Equity At-The-Market (ATM) guidelines to provide more flexibility in executing its capital market strategy. Going forward, the company will actively issue MSTR shares when the mNAV is above 4.0x.

In addition, when mNAV is in the range of 2.5x-4.0x, the company will opportunistically issue MSTR shares to buy Bitcoin. If mNAV falls below 2.5x, the company will focus on paying debt interest and funding preferred equity dividends.

Finally, Strategy will consider issuing credit to buy back MSTR shares when the mNAV is below 1.0x.

Read also: Bitcoin Holds Around $115K on August 19: Is Further Decline on the Horizon?

MSTR and Bitcoin Decline

The latest purchase by Strategy comes amid a significant market correction experienced by Bitcoin and MSTR stock. In the last seven days, BTC has fallen nearly 5%, breaking the psychological level of $115,000.

Strategy shares have also fallen more than 8% in the last five days. TradingView data shows the stock declined from last week’s closing price of $366 and is currently trading around $362.

Due to the company’s exposure to Bitcoin, MSTR’s shares usually drop when Bitcoin experiences a downturn like this. In addition, asset manager Vanguard, which manages $9 trillion in funds, reduced its stake in the company by 10%, fueling bearish sentiment towards the stock.

Even so, Strategy shares remain up more than 22% year-to-date (YTD) and are up 174% in the past year. Meanwhile, Bitcoin is up almost 22% since the beginning of the year.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Michael Saylor’s Strategy Adds BTC as Bitcoin MSTR Stock Dips. Accessed on August 19, 2025
• Cointelegraph. Strategy Adds $51M in Bitcoin as BTC Hits $124K Ahead of Dip. Accessed on August 19, 2025