Strategy says it bought 267 Bitcoin for about $22 million at an average price of $82,900 per BTC, bringing its holdings to 848,517 BTC. The purchase extended its buying streak to five weeks, but the firm also sold Bitcoin during the summer under a program designed to bolster cash reserves and support dividend payments.
Strategy bought 3,199 Bitcoin for $270 million in the four weeks before the latest purchase. Chairman Michael Saylor also said the firm repurchased $193 million of its STRC perpetual preferred stock, which pays a 12.00% annual dividend.
