Strategy Resumes Bitcoin Buying After Three-Week Hiatus

Strategy Inc., a company known for its large Bitcoin holdings, has resumed buying the cryptocurrency after a three-week break. Between September 14 and September 20, the firm purchased approximately $75.7 million worth of BTC, marking its first purchase since August 31.

The average price per coin was $79,670, which is a premium to Strategy's overall average cost basis of $75,416 per BTC. However, this still falls below Bitcoin's market price at the time of reporting, around $85K.

This latest purchase brings Strategy's total stash to 846,000 BTC, accumulated over the years for approximately $63.8 billion. The firm's entire position is now worth around $72 billion at current market prices, leaving it with unrealized gains of around $8 billion.