Strategy buys 1,036 Bitcoin as BTC holdings climb to 850,364
Summary
Strategy bought 1,036 Bitcoin for $81.9 million last week, taking its holdings to 850,364 BTC, or about 4.05% of Bitcoin’s maximum supply. It has spent $64.16 billion on its holdings at an average price of $75,456 per coin. Strategy raised $283.8 million by selling common shares, using $188.3 million to buy back preferred STRC shares, $81.9 million for Bitcoin and $13.6 million to increase its cash balance. Since October began, it has spent about $1.06 billion on STRC buybacks, compared with $219.7 million on Bitcoin. Its USD reserve declined slightly to $4.77 billion after dividend payments.
