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Strategy Bought 334 BTC in Latest Weekly Purchase

The company paid an average of $85,838.80 per Bitcoin from Sept. 28 to Oct. 4, using proceeds from share sales and cash reserves.

Mentioned assets
Bitcoin coins rest beside the open door of a secure vault / TokenPost.ai
Bitcoin coins rest beside the open door of a secure vault / TokenPost.ai

Strategy bought 334 Bitcoin (BTC) for about $28.7 million from Sept. 28 to Oct. 4, bringing its reported holdings to 848,000 BTC as the company continued adding to its digital asset reserve.

The purchase averaged $85,838.80 per BTC. Strategy funded about $15.7 million through sales of its Class A common stock and used $13 million from cash reserves for the balance.

The latest purchase follows an earlier addition of 1,666 BTC that brought Strategy’s holdings to 847,666 BTC. The new purchase raised the total by 334 BTC.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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