Strategy Sets New BTC Holdings Record After $143M Bitcoin Purchase
Strategy added 1,665 BTC to its treasury for $142.7 million at an average price of $85,681 per coin, bringing total holdings to a record 847,666 BTC. The company’s total Bitcoin cost basis is $63.95 billion, or $75,437 per coin on average. The purchase was funded by proceeds from selling 1.47 million MSTR shares, which raised $246.2 million net. Strategy used the same capital to repurchase 1.53 million STRC preferred shares for $151.7 million. The company continues to balance Bitcoin accumulation with preferred-stock buybacks and dividend obligations. It reported $6.02 billion in USD assets, including a $5.02 billion USD Reserve and $1 billion in USD Cash. After selling 6,948 BTC earlier in the summer, Strategy has now bought Bitcoin for a second straight week and is back above its prior holdings peak.
