Strategy Inc., the Bitcoin treasury company co-founded by Michael Saylor, resumed its cryptocurrency purchases after a 10-week pause, acquiring $369.7 million worth of Bitcoin in the week ended Aug. 30, according to a filing on Monday.

The company also raised $602.8 million through the sale of common stock to help fund the purchases and bought back $151.8 million of preferred shares. This move marks a return to Strategy's signature accumulation strategy following a crypto bear market that pressured its shares, weakened confidence in its financing model, and prompted a balance-sheet overhaul.

As the largest buyer of Bitcoin, Strategy's renewed buying activity signals renewed confidence in the cryptocurrency market and the company's long-term treasury approach.