[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-michael-saylors-strategy-resum10601a05c43-f510-7129-9513-cfef72b805eb":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":12,"source":13,"reactions":14,"selfReactions":15,"logo":16,"sourceId":17,"sourceUserId":18,"asset":19,"tagsCategories":20,"totalComments":21,"lang":22,"unique_views_count":21},"michael-saylors-strategy-resum10601a05c43-f510-7129-9513-cfef72b805eb","1788253740000","Michael Saylor’s Strategy Resumes Buying Bitcoin: Spends $370 Million on BTC","\u003Cp>\u003Ca href=\"https://www.bloomberg.com/news/articles/2026-08-31/saylor-s-strategy-restarts-bitcoin-buying-spending-370-million\">Michael Saylor’s Strategy has resumed its Bitcoin buying spree\u003C/a> after nearly a 10-week pause. The firm returned in its signature style by accumulating $370 million in BTC on Sunday, August 30, 2026. The restart in buying came after the broader digital-asset market saw growing confidence in the sector as \u003Ca href=\"https://watcher.guru/news/president-trump-us-considers-buying-sizable-amount-of-bitcoin\">President Donald Trump announced last week that the US is considering buying a “sizeable” amount\u003C/a> of the world’s largest cryptocurrency.\u003C/p>\u003Cp>Also Read: \u003Ca href=\"https://watcher.guru/news/strong-dollar-and-high-rate-hike-odds-bitcoin-crash-incoming\">Strong Dollar And High Rate Hike Odds: Bitcoin Crash Incoming?\u003C/a>\u003C/p>Bitcoin: Michael Saylor’s Strategy Goes on a Buying Spree\u003Cdiv>\u003Cimg src=\"https://watcher.guru/news/wp-content/uploads/2023/01/btc-bitcoin-coins-1024x802.jpg\" alt=\"bitcoin btc\" />Source: Unsplash\u003C/div>\u003Cp>Bitcoin went from a low of $62,000 to a high of $78,000 in just two days after the announcement. It also pulled several other cryptocurrencies up along with it, including XRP, which went from $1.10 to $1.57. Strategt had raised $602.8 million through the sale of common stock to help fund the purchases and bought back $151.8 million of preferred shares. The rebound in BTC has helped Michael Saylor’s Strategy stock (NASDAQ: MSFT) surge by nearly 12% in a week.\u003C/p>\u003Cp>Overall, MSTR has also seen a dynamic price rise of 40% in a month. It went from a low of $94 to a high of $137, before closing Monday’s trading session at $132. While Bitcoin remains the company’s largest holding, it is also reshaping its treasury. Last week, the firm created a separate cash pool, giving management more flexibility to meet preferred-stock dividends. This extends to debt payments and other corporate needs, which management aims to meet.\u003C/p>\u003Cp>These two reserves already total a staggering $5.1 billion and $1.61 billion in the cash pool, respectively. Strategy has been the largest buyer of Bitcoin and holds approximately 818,869 BTC as a primary treasury reserve asset. The holdings are worth a staggering $64.2 billion at today’s price. Another rebound in Bitcoin’s value could put its value on a much higher pedestal. Michael Saylor has been bullish on BTC since he first purchased it on August 11, 2020. He bought 21,454 BTC worth $250 million back then.\u003C/p>","https://watcher.guru/news/michael-saylors-strategy-resumes-buying-bitcoin-spends-370-million-on-btc","https://watcher.guru/news/wp-content/uploads/2024/02/michael-saylor-1.jpg","[\"Bitcoin\",\"bitcoin\",\"btc\",\"Michael Saylor\",\"Strategy\"]","[\"Bitcoin\",\"BTC\",\"BTC\",\"Reserve\",\"RSV\",\"Market\",\"Surge\"]","[{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/BTC.png\",\"name\":\"BTC\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/RSV.png\",\"name\":\"RSV\"},{\"name\":\"Market\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/market.png\"},{\"name\":\"Surge\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/surge.png\"}]","106",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/watcher-guru.png","Watcher Guru",null,"","[\"Crypto\"]","0","EN"]