Strategy Resumes Bitcoin Buying After Three-Week Hiatus

Michael Saylor's company Strategy has resumed buying Bitcoin after a three-week pause. On September 21, Strategy bought 950 Bitcoin for about $75.7 million.

This marked the company's first purchase since late August and brought its total Bitcoin holdings to 846,000 units, acquired over time for $63.8 billion.

Fidelity's Bitcoin ETF (FBTC) saw significant inflows on September 18, pulling in $306 million, a jump that came as investors shifted money towards the fund.

Strategy also repurchased $174 million worth of its preferred stock during this period, according to an SEC filing.