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Strategy Adds $21.5 Million in Bitcoin, Raising Holdings to Record

The company acquired 250 BTC at an average price of $86,194, bringing its holdings to 848,250 BTC as of Oct. 11.

Mentioned assets
Gold Bitcoin tokens arranged inside a secure treasury vault / TokenPost.ai (mono)
Gold Bitcoin tokens arranged inside a secure treasury vault / TokenPost.ai (mono)

Strategy added 250 Bitcoin (BTC) for $21.5 million, extending its weekly accumulation streak to four weeks and lifting its holdings to a record 848,250 BTC as of Oct. 11.

The purchase was completed at an average price of $86,194 per Bitcoin. The latest acquisition followed Strategy’s return to regular Bitcoin buying in mid-September after a summer pause.

Strategy also repurchased $192 million in preferred stock. Its U.S. dollar holdings stood at $5.5 billion after the latest transactions.

The company’s latest Bitcoin purchase was smaller than several earlier additions, but it still pushed the total reserve to a new high. Strategy’s ongoing accumulation remains centered on expanding its Bitcoin holdings while maintaining cash and preferred-stock funding activity.

John Kim

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

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