Strategy Buys 1,665 More Bitcoin And Spends $152M Buying Back STRC

TL;DR Strategy bought 1,665 BTC for approximately $142.7 million between September 21 and September 27. The company now holds 847,666 BTC acquired for about $63.95 billion in total. Strategy also repurchased roughly $151.7 million of STRC preferred shares during the same week. Strategy has accelerated its Bitcoin buying again while simultaneously using capital to retire some of its own preferred stock. The company disclosed on September 28 that it purchased 1,665 BTC for approximately $142.7 million during the previous week. The average purchase price was $85,681 per Bitcoin. Strategy Now Holds 847,666 BTC The latest acquisition brings Strategy’s total Bitcoin holdings to 847,666 BTC. Those coins were acquired for an aggregate cost of approximately $63.95 billion, including fees and expenses, giving the company an average acquisition price of $75,437 per BTC. The new purchase follows Strategy’s acquisition of 950 BTC the previous week. That makes this a separate transaction rather than a restatement of the earlier buy. Strategy financed the latest activity in part through sales of its MSTR common stock. The company sold roughly 1.47 million shares through its at-the-market program ...