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Strategy Buys 950 Bitcoin for $75.7 Million

Quiver Data Analyst

Strategy ($MSTR) purchased 950 Bitcoin for $75.7 million between September 14 and September 20, bringing its total holdings to 846,000 BTC, according to a Monday SEC filing.

  • Strategy paid an average of $79,670 per Bitcoin for the latest purchase, including fees and expenses.
  • The company's 846,000 BTC were acquired for an aggregate $63.80 billion at an average price of $75,416 per Bitcoin.
  • Strategy used USD Cash to fund the $75.7 million Bitcoin purchase.
  • The company also spent $174 million repurchasing 1,771,238 shares of its STRC preferred stock during the week.
  • Strategy sold no shares through its at-the-market offering program during the period.
  • As of September 20, Strategy held $5.04 billion in its USD Reserve and $1.05 billion in USD Cash.

Relevant Companies

  • Strategy ($MSTR) - The company increased its Bitcoin holdings to 846,000 BTC and repurchased $174 million of STRC preferred stock.

Editor’s Note: This is a developing story. This article may be updated as more details become available.

About the Author

Matthew Kerr is a data analyst at Quiver Quantitative, with a focus on single-stock research and government datasets. Prior to joining Quiver, Matthew was an analyst intern at BlackRock.

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