Strategy buys 950 Bitcoin after two week pause in purchases
Strategy has resumed Bitcoin purchases after a two week pause, spending $75.7 million on 950 BTC while deploying another $174 million to repurchase its STRC preferred stock. SummaryStrategy bought 950 BTC for $75.7 million after a two week pause, raising its holdings to 846,000 BTC.The company spent another $174 million repurchasing 1.77 million STRC preferred shares during the same week.Strategy made no ATM sales during the period, while its deployable USD Cash fell nearly 20% to $1.05 billion.Strive separately acquired 1,355 BTC, increasing its corporate Bitcoin holdings to 26,355 BTC. According to a Form 8-K filing with the U.S. Securities and Exchange Commission on Sept. 21, Strategy acquired the Bitcoin between Sept. 14 and Sept. 20 at an average price of $79,670 per coin, including fees and expenses. The purchase increased the companys holdings to 846,000 BTC, acquired for a total of $63.80 billion at an average cost of $75,416 per Bitcoin. Bitcoin was trading near $84,925 at the time of publication, putting the market value of Strategy‘s holdings at roughly $71.85 billion. Based on the company’s reported acquisition cost, the position carried an unrealized gain of approximately $8.05 billion. Strategy shares gained 7.4% to $165.20 in Monday premarket trading as Bitcoin traded above the









