Strategy Acquires Additional Bitcoin, Total Holdings Reach 848,250 BTC
- Strategy purchased 250 Bitcoin for $21.5 million last week.
- The company’s total Bitcoin holdings now stand at 848,250 BTC.
- Funding included $21 million from common stock sales and $500,000 from cash reserves.
- Strategy repurchased shares of its STRC preferred stock, spending $192.4 million this week.
- As of Sunday, the company maintained a US Reserve of $4.88 billion for dividends and debt payments.
The recent purchase reflects a slowdown in Strategy’s Bitcoin accumulation, with only a 0.2% increase in holdings during Q3 despite acquiring more than selling.
Last week’s acquisition brings Strategy’s total to 848,250 BTC, highlighting their continued investment strategy amidst fluctuating market conditions.
