Lead — who, what, when, where, why, how
BlockAI reports: the Strategy Bitcoin purchase added 1,955 BTC for $217.4 million. The Strategy Bitcoin purchase took place in early September 2025. The buyer, widely identified as Strategy (MicroStrategy, ticker MSTR), averaged $111,196 per BTC. The Strategy Bitcoin purchase was funded by at-the-market offerings run between September 2–7, 2025. The Strategy Bitcoin purchase follows the company’s S&P 500 snub and signals continued corporate accumulation.
Immediate S&P 500 snub
The S&P 500 snub preceded this Strategy Bitcoin purchase and may explain timing. After exclusion from the S&P 500, Strategy doubled down on Bitcoin to support shareholder value. The move contrasts with passive-index flows that can pressure share prices. The Strategy Bitcoin purchase thus read as both corporate treasury action and a market signal to investors.
Funded by at-the-market offering
Strategy funded this Bitcoin buy via common and preferred share sales under at-the-market offering programs. The company raised capital over several sessions and converted proceeds to BTC. This Strategy Bitcoin purchase used MSTR liquidity rather than debt. The at-the-market mechanism let Strategy move quickly to buy Bitcoin near market prices.
Metaplanet and El Salvador
Corporate and national buyers join the wave. Japan’s Metaplanet bought 136 BTC over the same window, while El Salvador added 21 BTC on its Bitcoin-anniversary purchase. Those parallel purchases show a broader trend beyond Strategy. The Strategy Bitcoin purchase sits alongside Metaplanet and El Salvador activity.
Scale: 638,460 BTC
After this latest transaction, Strategy’s holdings total 638,460 BTC, roughly $71.5 billion at current prices. The Strategy Bitcoin purchase increases both on-chain concentration and corporate treasuries’ influence. Shareholders have seen a year-to-date yield of about 25.8% in 2025 linked to these allocations. Market participants will watch how large treasuries affect liquidity and volatility.
Trader takeaways
Traders should note the average price paid — $111,196 per BTC — and the $217.4 million size of the purchase. The Strategy Bitcoin purchase is sizable but not market-ending. Expect headlines, short-term volatility, and renewed debate on corporates as macro hedges. For longer-term holders, the buy reinforces a narrative of institutional conviction.
Frequently asked questions about Strategy Bitcoin purchase (FAQ)
Who executed the Strategy Bitcoin purchase?
The buyer is Strategy, widely associated with MicroStrategy (MSTR).
How was the purchase funded?
Funding came from at-the-market offerings of common and preferred shares.
How many bitcoins did Strategy add?
Strategy added 1,955 BTC in the reported transaction.
Why did Strategy buy after the S&P 500 snub?
The buy is likely meant to reinforce investor confidence and refocus capital into Bitcoin.
Sources to this article
DefiDonkey (2025) ‘Metaplanet Bitcoin treasury expansion targets 30,000 BTC by 2025’, available at: https://defidonkey.com/en/bitcoin-news/metaplanet-bitcoin-treasury-expansion-30000-btc-2025 (Accessed 8 September 2025).
DefiDonkey (2025) ‘El Salvador Bitcoin reserves reach 6,313 btc after 21 btc buy’, available at: https://defidonkey.com/en/bitcoin-news/el-salvador-bitcoin-reserves-6313-btc (Accessed 8 September 2025).
DefiDonkey (2025) ‘Robinhood added to S&P 500: what investors need to know’, available at: https://defidonkey.com/en/crypto-markets/robinhood-added-to-s-p-500-investor-guide/ (Accessed 8 September 2025).
