Strategy bought 1,036 Bitcoin for about $82 million at an average price of $79,012 per coin, bringing its reported holdings to 850,364 BTC. The source says the purchase came in the past week but gives no calendar date. It also says Strategy resumed buying in late August after selling Bitcoin over the summer under a program intended to bolster cash reserves and support dividends.
Chairman Michael Saylor said his earlier “never sell” message referred to his personal Bitcoin, not Strategy’s holdings. He also said the company has disclosed since 2020 that it may buy or sell Bitcoin to manage capital.