Strategy’s Bitcoin stash grows to 848,250 BTC

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Strategy purchased another 250 Bitcoin for $21.5 million last week, bringing its total holdings to 848,250 BTC. The acquisition marked a second consecutive week of smaller purchases.

The company financed $21 million of the purchase through common stock sales, using existing cash for the balance. It also bought back $192.4 million in STRC preferred shares, compared with $176.3 million the previous week.

As of Sunday, Strategy held $4.88 billion in its US Reserve for preferred stock dividends and debt interest payments, alongside $640.5 million in cash.