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3h ago

Strategy Adds 220 BTC, Lifting Treasury to 640,250 Coins in Latest Weekly Buy

The purchase was financed through at-the-market preferred stock programs that raised about $27.3 million.

Strategy bought $27m in bitcoin at $123k before crypto crash
Strategy buys 220 btc as bitcoin defends $114,000 level
Strategy purchases 220 Bitcoin for $27.2M at $123,561 per BTC

Overview

  • Strategy acquired 220 BTC between October 6 and 12 for roughly $27.2 million at an average price of $123,561 per coin.
  • The company now holds 640,250 BTC bought for about $47.38 billion at an average cost near $74,000 per bitcoin.
  • Proceeds came from STRF, STRK, and STRD ATM offerings that raised approximately $19.8 million, $1.7 million, and $5.8 million, respectively.
  • As of October 12, remaining issuance capacity included roughly $1.7B (STRF), $4.1B (STRD), $20.3B (STRK), and $15.9B (MSTR), signaling room for further purchases.
  • Bitcoin traded back above roughly $114,000 after the announcement, while Strategy’s Q3 filing showed a $3.89B unrealized gain and a $7.43B deferred tax liability on digital assets.