Strategy Buys $370M of Bitcoin in First Purchase Since June
Summary
Strategy resumed Bitcoin buying after a summer of sales, adding 4,603 BTC for $369.7 million at an average price of $80,318. Its holdings rose to 845,050 BTC, acquired for $63.73 billion total. The purchase was funded mainly by issuing MSTR shares, raising $602.8 million net; the proceeds also covered STRC buybacks, dividends, and added to USD cash. From May to August, Strategy sold 6,948 BTC at about $62,250 each and later repurchased at a much higher price, leaving it 2,345 BTC below its prior level but with some cash retained. Its combined USD reserves and cash reached $6.71 billion, giving it net leverage of 0.0%. It also repurchased $151.8 million of STRC, leaving part of its buyback authorization unused.
