Strategy Snaps Up 950 More Bitcoins in $75.7 Million Buy
Strategy, a company listed as MSTR, has made significant investments in Bitcoin. Between September 14 and September 20, it purchased 950 BTC for $75.7 million, increasing its total holdings to 846,000 BTC. The average price paid per Bitcoin was $79,670, including fees and expenses.
The company's total Bitcoin holdings were acquired for an aggregate $63.80 billion at an average price of $75,416 per Bitcoin. Strategy used USD Cash to fund the purchase.
Additionally, the company repurchased 1,771,238 shares of its STRC preferred stock during the same period for a total of $174 million.