Strategy adds 250 Bitcoin as holdings reach 848,250 BTC
Summary
Strategy bought 250 Bitcoin for $21.5 million last week, bringing its holdings to 848,250 BTC and marking a second straight weekly decline in purchases. It funded most of the acquisition through common-stock sales. The company also spent $192.4 million repurchasing STRC preferred shares. Strategy reported a $4.88 billion reserve for preferred dividends and debt interest, alongside $640.5 million in cash. Its Bitcoin accumulation has slowed: holdings rose just 0.2% in the third quarter, with 7,218 BTC acquired and 5,553 BTC sold.
