Strategy buys 4,603 BTC after two-month pause

Strategy purchased 4,603 Bitcoin for $369.7 million between Aug. 24 and Aug. 30, returning to accumulation after more than two months without a confirmed purchase. Summary 4,603 Bitcoin cost Strategy $369.7 million, lifting its total holdings to 845,050 BTC. Strategy financed the purchase through MSTR sales that generated $602.8 million in weekly net proceeds. Strategy also spent $151.8 million repurchasing STRC while increasing unrestricted dollar cash by $30 million. MSTR traded near $127.31 before Monday’s opening, down 7.4% from Friday’s close in premarket trading. Strategy reported $6.71 billion across its restricted reserve and broader cash liquidity account combined Sunday. The Virginia-based company paid an average of $80,318 for each Bitcoin, including fees and expenses, according to an Aug. 31 filing with the U.S. Securities and Exchange Commission. The acquisition increased Strategy’s holdings from 840,447 BTC to 845,050 BTC. It paid a combined $63.73 billion for those assets at an average cost of $75,412 per Bitcoin. These actions further strengthen $STRC. USD Reserve is $5.10B and USD Cash is $1.61B, improving USD Duration to 4.0 yrs (+23d) and STRC’s BTC Credit to 56 ...