Strategy Bolsters Bitcoin Holdings with $63 Billion Acquisition

Strategy has increased its Bitcoin holdings by acquiring 950 BTC, bringing its total to 846,000 BTC as of September 20. This purchase further boosts the company's exposure to Bitcoin.

The acquisition was made at an average cost of $75,412 per coin, with total acquisition costs totaling about $63.73 billion before this latest purchase.

Strategy also repurchased $174 million worth of STRC preferred stock and held approximately $6.09 billion in USD assets as of the same date.