Strategy Expands Bitcoin Holdings with Recent Purchase
- Strategy acquired 950 BTC for $75.7 million during the week ending September 20.
- The average purchase price was $79,670 per Bitcoin.
- Total Bitcoin holdings now reach 846,000 BTC, valued at an aggregate $63.80 billion.
- The company repurchased over a million shares of its STRC preferred stock for $174 million.
Strategy’s recent acquisition of Bitcoin highlights its ongoing commitment to a Bitcoin-centric corporate treasury strategy, significantly impacting how investors assess the company’s value and financial activities.
With the latest purchase, Strategy’s total Bitcoin holdings have reached a substantial figure of 846,000 BTC, reinforcing its position as a major player in the cryptocurrency market. Source
