One important thing to notice is that Strategy sold $600M worth of $MSTR and bought $370M worth of $BTC
The MSTR/BTC ratio is overall quite stable so any sell flows on MSTR are very similar to BTC sell flows, meaning we could say they were still a net seller last week
A lil bit of copium narrative if you're a bull who doesn't like that Saylor’s top blasting again
https://x.com/saylor/status/2094395804962152885
X (formerly Twitter)
Michael Saylor (@saylor) on X
Strategy has acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of $STRC. As of 8/30/26, we hold 845,050 $BTC and $6.71B of USD Assets, bringing Net Leverage to 0.0%. …
5
2
2
1August 31, 2026 3.9K 21
