Strategy Resumes Bitcoin Buys with $75.7M Purchase and STRC Repurchase

Strategy, a company led by Michael Saylor, has resumed buying Bitcoin after a two-week pause. The firm purchased 950 BTC for $75.7 million at an average price of $79,670 per coin between Monday and Sunday.

The acquisition brings Strategy's holdings to 846,000 BTC, acquired for about $63.8 billion at an average cost of $75,416 per Bitcoin, including fees and expenses.

Strategy also spent another $174 million repurchasing its STRC preferred stock.