MSTR Expands BTC Holdings by 950 Coins Amid Continued Preferred Share Buybacks
Strategy Inc., also known as MSTR, has continued its aggressive Bitcoin (BTC) buying spree, acquiring an additional 950 coins for approximately $77.1 million, according to a Sunday announcement by Executive Chairman Michael Saylor.
The latest purchase brings Strategy's total BTC holdings to 846,000, making it the largest corporate holder of the digital asset worldwide. This acquisition ends the longest stretch without a Bitcoin buy since August 31, when the company resumed purchases.
Saylor hinted at a renewed buying spree on September 20 with a post on X, using his signature 'orange dot' chart to mark each purchase. The executive followed up with the actual figures in Sunday's announcement.
Strategy has also continued its preferred share buyback program, repurchasing $174 million worth of STRC shares. This signals that capital management extends beyond simply accumulating more Bitcoin.