Strategy Snaps Up Another 950 Bitcoin, Boosting Holdings to 846,000

Strategy, an entity that has been aggressively accumulating Bitcoin on its balance sheet, has made another significant purchase. According to an SEC filing dated September 21, the company bought 950 BTC between September 14 and 20 for $75.7 million at an average price of $79,670 per coin.

The acquisition brings Strategy's total Bitcoin holdings to 846,000 BTC, acquired for a staggering aggregate cost of $63.80 billion. This represents an average purchase price of $75,416 per Bitcoin.

This is not the first time Strategy has made such a significant move in the market. The company has been steadily increasing its exposure to Bitcoin, which is now central to how investors value the business and interpret its financing activity.