Overview
- Strategy disclosed Monday that it bought 811 BTC for $65.5 million, lifting its treasury to 849,327 BTC and updating its total acquisition cost to about $64.08 billion.
- The latest purchase was financed by selling roughly 1.18 million MSTR common shares, which generated about $164 million in net proceeds with $65.5 million used for Bitcoin and $98.5 million added to USD Cash.
- During the same reporting period Strategy repurchased approximately 2,092,035 shares of its variable‑rate STRC preferred stock for $208.2 million, paid from USD Cash and reducing that operational cash pool to roughly $133 million.
- Smaller public treasuries kept buying too, with Strive reporting a 124 BTC purchase that raised its holdings to about 43,124 BTC, while the market faced price pressure after the Oct. 29 Binance $6.3 billion hot‑wallet breach and Oct. 30 U.S. spot‑ETF outflows of about $643.2 million.
- Because Strategy holds roughly 4% of Bitcoin’s supply and reports an average cost near $75,451 per coin, its mix of ATM equity sales and preferred‑stock operations can nudge its blended cost basis and influence both Bitcoin liquidity and preferred‑stock markets.