MicroStrategy purchased 4,603 Bitcoin for $369.7 million between August 24 and August 30, 2026, according to a Form 8-K filed with the SEC on Monday. ^[1] In the week ending August 30, 2026, Strategy sold 4.53 million shares of its MSTR common stock for $602.8 million in net proceeds, allocating $151.8 million to STRC repurchases, $50.7 million to STRC dividends, $369.7 million to acquire 4,603 Bitcoin, and $30 million to its cash pool. ^[2] Strategy spent a total of $635.2 million repurchasing STRC preferred shares between July 20 and August 30, 2026, with weekly deployments rising from $25.0 million (average price $86.52) to $151.8 million (average price $97.48), as the discount to the $100 par value narrowed from 13.48% to 2.52%. ^[3] MicroStrategy's tokenized stock MSTR dropped 5.19% to $122.21 on September 2, 2026, due to aggressive sell-side taker flow. ^[4] MicroStrategy split the $602.8 million proceeds four ways: $369.7 million into Bitcoin, $151.8 million to repurchase 1,557,177 shares of STRC preferred stock, $50.7 million for STRC dividends, and $30 million into its USD Cash account. ^[5] MicroStrategy's total Bitcoin holdings now total 845,050 BTC acquired for $63.73 billion, an average of $75,412 per coin. ^[6] The purchase was funded entirely by the sale of 4,531,421 shares of MSTR common stock, which generated $602.8 million in net proceeds. ^[7] After a roughly two-month pause, Strategy resumed Bitcoin accumulation in the week ending August 30, 2026, buying 4,603 Bitcoin for $369.7 million, bringing its total holdings to 845,050 BTC. ^[8] Michael Saylor, executive chairman of Bitcoin treasury company Strategy (formerly MicroStrategy), set an informal target of September 8, 2026 for the company's STRC preferred stock to return to its $100 par value, which would end a 70-trading-day recovery window that began on May 28, 2026. ^[9] The MACD histogram sat at exactly zero, indicating a full momentum death cross where the trend engine had stalled. ^[10] The price action hit a wall at the SMA 7 and SMA 200 convergence zone located between $128.97 and $129.14. ^[11] Analysts project a base case scenario where MSTR trades sideways between $117 and $127 with a 17% probability. ^[12]