Strategy Buys 4,603 Bitcoin for $369 Million Amid Share Sales

Strategy, an investment firm, recently disclosed its transactions from August 24 to August 30. During this period, the company sold 4,531,421 shares of its Class A Common Stock under its at-the-market offering program, raising $602.8 million in net proceeds.

The proceeds generated from these sales were used to purchase 4,603 Bitcoin, with an average price of $80,318 per coin, including fees and expenses.

This acquisition was made using $369.7 million of the total proceeds. As a result, Strategy's total Bitcoin holdings increased to 845,050, acquired at an aggregate cost of $63.73 billion and an average purchase price of $75,412 per coin.