Strategy lifts Bitcoin holdings to 846,000 BTC

Reading Time: < 1 minute

Strategy has added 950 Bitcoin to its treasury for approximately $75.7 million, taking its total holdings to 846,000 BTC.

The company bought the coins between 14 and 20 September at an average price of $79,670 per Bitcoin, according to a filing with the US Securities and Exchange Commission.

Strategy has spent about $63.8 billion, including fees and expenses, to build its Bitcoin holdings. The company’s average purchase price stands at $75,416 per BTC, while the holdings are now worth about $71.9 billion.

The company also repurchased 1.77 million STRC preferred shares for approximately $174 million during the period. Strategy said it used its USD Cash reserve to fund the Bitcoin purchases, as well as $57.4 million for preferred-stock dividends and interest payments.

As of 20 September, Strategy held $5.04 billion in its USD Reserve and $1.05 billion in USD Cash.