Strategy Resumes Buying Bitcoin After Two-Week Pause

Strategy, the company that holds the world's largest amount of Bitcoin (BTC), has resumed buying BTC after a two-week pause. This is its third purchase announcement since August 31.

The company bought 950 BTC from September 14 to 20, spending approximately $7.57 billion at an average price of $7.97 million per BTC. The total value of its Bitcoin holdings is now around $638 billion, with an average acquisition cost of $75,416 per BTC.

Strategy also repurchased 1.764 million shares of its permanent preferred stock, STRC, for approximately $1.74 billion during the same period.