Strategy Adds 1,665 BTC as STRC Buybacks Continue

1 week ago 5

Key Takeaways

Bitcoin holdings reached 847,666 BTC.
The company repurchased 1.53 million STRC shares.
MSTR sales financed the BTC purchase and most buybacks.
The full BTC reserve remained above its reported cost basis.

According to Strategy’s September 28 Form 8-K, the company acquired the Bitcoin between September 21 and September 27 at an average price of $85,681 per coin, including fees and expenses.

One filing, two uses for new capital

Strategy sold 1.47 million MSTR shares during the reporting period, generating $246.2 million in net proceeds. It allocated $142.7 million to Bitcoin purchases and $103.5 million to STRC repurchases.

The company used a further $48.1 million of USD Cash for the STRC buyback, bringing the total repurchase amount to $151.7 million.

$142.7M
Bitcoin purchase
Strategy acquired 1,665 BTC us...

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