- Strategy shares gained about 12% for the week as Bitcoin recovered above $80,000 and the company resumed purchases after a roughly 10-week pause.
- Strategy bought 4,603 Bitcoin between August 24 and August 30 at an average price of $80,318, bringing its holdings to 845,050 Bitcoin.
- BlackRock cut the minimum size for converting large Bitcoin holdings directly into iShares Bitcoin Trust ETF shares to $1 million from $25 million in July.
- Fundstrat's GRNY increased its Strategy weighting, making Strategy its largest holding at about 2.7% to 2.8% of assets as of August 31.