Strategy Boosts Bitcoin Holdings by $142.7M Amid Strategic Repurchases

Strategy, an undisclosed company, has made significant moves in its Bitcoin treasury and preferred share supply. Between September 21 and 27, it purchased 1,665 BTC for $142.7 million, expanding its holdings.

The transactions were funded through proceeds from Strategy's at-the-market stock offering program. It sold approximately 1.47 million MSTR shares for $246.2 million in net proceeds, allocating $142.7 million toward Bitcoin acquisitions and $103.5 million toward STRC repurchases.

As a result of these transactions, Strategy now holds 847,666 BTC valued at roughly $63.95 billion as of September 27.