Group 1 - The company Strategy (MSTR.US) announced the purchase of 430 bitcoins for a total price of $51.4 million, increasing its total bitcoin holdings to 629,378 bitcoins, valued at $4.615 billion [1] - The average purchase price for the bitcoins was $119,700 each, while the bitcoin price fell by 2.4% to $115,400, leading to a 0.85% decline in Strategy's stock price on the same day [1] - Strategy updated its At-the-Market (ATM) equity program to include a new purpose for raised funds, which is to issue Strategy stock when the defined mNAV (market-adjusted net asset value) is below 2.5 times [1] Group 2 - During the period from August 11 to 17, the company did not sell any common stock through the ATM plan but raised a total of $50.4 million by selling shares of STRK, STRF, and STRD stocks [2]

Strategy Shift - MicroStrategy's (MSTR) strategy has pivoted, now allowing the sale of MSTR shares to purchase more Bitcoin [1] - Previously, the strategy was to wait until MSTR's market value to net asset value (mNAV) ratio reached 2.5x before selling MSTR to buy Bitcoin [1] Market Interpretation - The change in strategy may be difficult for some market participants to understand [1]

RT Bitcoin For Corporations (@BitcoinForCorps)JUST IN: @Strategy ($MSTR) acquired 430 BTC for $51.4M at an avg price of $119,666 per BTC.➤ 629,376 BTC total holdings➤ 25% BTC Yield (YTD)This purchase was funded via $50.4M raised from Strategy's preferred ATMs (STRK, STRF, STRD). https://t.co/p5Pg3T2Gda ...

🚨UPDATE: @STRATEGY ACQUIRES 430 $BTC WORTH $51.4M, BOOSTING HOLDINGS TO 629,376 $BTC ...

🔥 JUST IN: Strategy bought 430 $BTC for $51.4M.They now hold 629,376 $BTC worth $46.15B. https://t.co/kJ3vp00oHt ...

Strategy today announced an update to its MSTR Equity ATM Guidance to provide greater flexibility in executing our capital markets strategy. https://t.co/xSwwcWubIq ...

Strategy has acquired 430 BTC for ~$51.4 million at ~$119,666 per bitcoin and has achieved BTC Yield of 25.1% YTD 2025. As of 8/17/2025, we hodl 629,376 $BTC acquired for ~$46.15 billion at ~$73,320 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/FLRjCKDMQO ...

JUST IN: Michael Saylor's 'Strategy' buys 430 Bitcoin worth $49.47 million. ...

Market Trends & Investment Opportunities - The market is rewarding companies for valuing their profits in Bitcoin, creating arbitrage opportunities between stock value and underlying Bitcoin holdings [20][21] - Publicly traded companies adopting a Bitcoin strategy by pouring profits into Bitcoin will be rewarded by the market, creating a flywheel effect for Bitcoin price [23][24][25] - Nation-state adoption of Bitcoin is predicted to be the major theme of future cycles [19][20] - Regulatory regimes worldwide are now competing to attract Bitcoin and crypto companies, flipping the game theory [28][29] Accounting Rule Changes & MicroStrategy - FASB's change in accounting rules, treating Bitcoin as an intangible asset, now allows companies to recognize appreciation on their balance sheets [27][31][32][33][34] - MicroStrategy is poised to be inducted into the S&P 500 due to these accounting rule changes, which will drive billions of dollars in passive flows into MicroStrategy and, therefore, Bitcoin [2][3][35][36][37][38] Bitcoin Adoption & Community - Bitcoin has become mainstream, with the greatest gains to be seen in the composition of the Bitcoiner user base being with women [7][8] - The original Bitcoin community was in Asia, and there's excitement in bringing the OG Bitcoin community back together [50][51] - It is still early to buy Bitcoin and hold on to it [66][67] - By 2140, the incremental 1100000 (1.1 million) Bitcoin will be mined [47][48]

💥BREAKING:🇺🇸 $2.2 BILLION STRIVE EXPECTS MICHAEL SAYLOR’S STRATEGY TO JOIN THE S&P 500 NEXT MONTH.THIS IS MASSIVE! https://t.co/pyzrrJV5tx ...