Strategy Buys 950 Bitcoin for $75.7 Million in Latest Acquisition

Quiver Quantitative's data analysis revealed that Strategy ($MSTR) made a significant Bitcoin purchase between September 14 and September 20. The company acquired 950 BTC for $75.7 million, bringing its total holdings to 846,000 BTC.

The average price paid per Bitcoin was $79,670, including fees and expenses. This latest purchase brings the aggregate value of Strategy's Bitcoin holdings to $63.80 billion at an average price of $75,416 per Bitcoin.

Strategy used USD Cash to fund the $75.7 million Bitcoin purchase, while also repurchasing 1,771,238 shares of its STRC preferred stock for $174 million during the week.