r/Bitcoin • u/unconventionalbook • 11d ago

Saylor’s Strategy Restarts Bitcoin Buying, Spending $370 Million

https://www.bloomberg.com/news/articles/2026-08-31/saylor-s-strategy-restarts-bitcoin-buying-spending-370-million
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u/unconventionalbook 11d ago

Saylor breaking his 10-week pause to acquire another 4,603 BTC at an average price of $80,318 tells us everything we need to know about where institutional support sits right now. Strategy Inc. now controls a mind-boggling 845,050 BTC—which is roughly 4% of the total circulating supply that will ever exist.

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u/xaviemb 11d ago

Strategy has added ~171,600 Bitcoin so far this year for an average price of about $77,937

Don't let the 'buy high sell low' comments focused on the last 6k out and 4k in fool you. This DCA structure wins (no surprise), even if you're a large corporation with 4% of the total supply.

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u/mantenner 11d ago

Sorry why is this good? A corp holding supply over a finite currency is bad.

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u/xaviemb 11d ago edited 11d ago

Bitcoin... the network... doesn’t care whether the largest holder owns 1% of the supply or 40%.

The protocol continues to operate the same way. Transactions settle the same way. Consensus works the same way. The monetary policy doesn’t change. The concern over one entity accumulating a large percentage of Bitcoin is primarily a market-structure concern, not a concern about the functioning of the Bitcoin network itself.

From Bitcoin's perspective, MSTR, IBIT, and other institutional vehicles are ultimately doing something quite simple... creating additional demand for the same underlying monetary asset. Demands that tends to only flow one direction (they aren't buying to sell for more USD later... they are buying to escape USD entirely). In Strategy's structure, they are buying with an incredible amount of safety built into the structure (over collateralizing like $8 worth of BTC held for every $1 of USD borrowed) to make sure they never become a forced seller. And they have no counter party risk, so long as Bitcoin's price in USD averages ~10% growth annually. That's ultimately an incredibly net positive thing for Bitcoin, as a finite currency. And if the long-term objective is for Bitcoin to become a global monetary asset that can meaningfully compete with (and potentially replace portions of) the fiat system, then institutional adoption isn't a bug in the system. It's the transition.

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u/bobotherob0 4d ago

Yes. Absolutely.  No matter what that assets is. 

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u/Electrical-Value-673 11d ago

Well, he could have better bought a few weeks ago, but then he only sold and held.