Strategy Inc. acquired 4,603 Bitcoin for $369.7 million between 2026-08-24 and 2026-08-30, ending its ten-week course of selling, using funds from a $602.8 million at-the-market equity raise. ^[1] TRX (Tron) is trading at $0.32 after a -2.68% session on 2026-09-02, with the SMA 200 and strong support converging at that level. ^[2] After the transaction, Strategy's total Bitcoin holdings were covered by cost basis to 845,050 BTC, still trailing the June 21 peak of 847,300 BTC. ^[3] Michael Saylor, Executive Chairman of Strategy, posted a social statement on 2026-08-30 reading "We' re back" (as quoted in the original), suggesting the resumption of quarterly Bitcoin purchases. ^[4] Strategy Inc. raised $602.8 million via a transfer of 4.53 million Class A shares in an at-market equity program, and deployed $369.7 million of the proceeds toward the Bitcoin purchase. ^[5] Open interest for TRX dropped 12.98% in 24 hours, indicating capitulation and de-grossing. ^[6] The 8-hour funding rate for TRX has cratered to -0.1858%, indicating severely crowded shorts. ^[7] The article assigns a 55% probability to a short squeeze toward $0.33-0.34 and a 45% probability to a breakdown below $0.32 toward $0.29-0.30. ^[8]