Strategy Buys Another 1,665 Bitcoin for $142M Amid Aggressive Accumulation
Strategy has continued its aggressive Bitcoin buying spree, acquiring an additional 1,665 BTC for approximately $142.7 million between September 21 and September 27.
The company now holds a total of 847,666 BTC, acquired at an aggregate cost of around $63.95 billion, including fees and expenses.
Strategy financed this latest activity in part through the sale of its MSTR common stock, which raised approximately $246.2 million in net proceeds.
Of that amount, about $142.7 million was used to purchase Bitcoin, while another $103.5 million was allocated towards repurchasing STRC shares.