Strategy Breaks Silence with $370M Bitcoin Purchase

Strategy Inc. (NASDAQ:MSTR) has ended its two-month Bitcoin buying drought after acquiring 4,603 BTC for $370 million on Monday. The purchase follows a series of transactions that saw Strategy clean up its balance sheet, including selling 6,916 BTC for $429 million and raising $4.56 billion by issuing shares.

The company's total holdings now stand at 845,050 BTC, with an average price of $80,382 per coin. Alongside the Bitcoin purchase, Strategy increased its USD Cash balance by $29 million and repurchased $152 million worth of STRC preferred stock.

Michael Saylor posted 'We're Back' on X Sunday, which market watchers interpreted as a signal of an upcoming purchase announcement. The move marked a return to a pattern where Saylor would drop weekend posts ahead of Monday treasury disclosures.