Strategy Delves into Bitcoin with $142M Purchase
Strategy, a company that discloses its at-the-market offering activity, has released its weekly report for September 21 to 27, 2026. During this period, Strategy sold 1,469,165 shares of its Class A common stock (MSTR Stock), generating net proceeds of $246.2 million.
The company used $142.7 million of these proceeds to purchase bitcoin and an additional $103.5 million was allocated towards repurchasing STRC Stock under its digital credit securities repurchase program.
Strategy bought 1,665 bitcoin at an average price of $85,681 per coin, bringing its total held bitcoin to 847,666 units acquired for a cumulative cost of $63.95 billion and an average purchase price of $75,437 per bitcoin.