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🔥BULLISH

Strategy Buys 950 BTC, Holdings Reach 846,000

The cash-funded purchase takes Strategy above 4% of Bitcoin’s capped supply, while its $5.04B USD Reserve still provides substantial funding capacity.

Strategy acquired 950 BTC for approximately $75.7 million between Sept. 14 and Sept. 20, according to an 8-K filing with the Securities and Exchange Commission. The average purchase price was $79,670 per bitcoin, taking the company’s holdings to 846,000 BTC. The position is valued at around $71.9 billion and carries an average cost of $75,416 per bitcoin, including fees and expenses.

Why it matters

Strategy’s holdings now represent more than 4% of Bitcoin’s 21 million supply cap. The company’s treasury model remains one of the most visible examples of a public corporation using capital markets and operating reserves to build direct BTC exposure.

The latest purchase came from Strategy’s USD Cash reserve. The company also repurchased 1.77 million STRC preferred shares for around $174 million and used $57.4 million from its USD Reserve for preferred-stock dividends and interest payments. As of Sept. 20, the USD Reserve stood at $5.04 billion, while USD Cash totaled $1.05 billion.

Market impact

Strategy’s BTC position implies around $8.1 billion in paper gains at current prices. Its stock gained 16.4% last week to close at $153.92, leaving MSTR flat year-to-date but still down 54.2% over the past year. Bitcoin rose 5.3% over the same period.

The purchase also keeps Strategy at the center of a growing corporate treasury trend. Bitcoin Treasuries data counts 196 public companies with some form of bitcoin acquisition model. Twenty One, Metaplanet, MARA, and Bitcoin Standard Treasury Company rank behind Strategy among the largest reported corporate holders.

Related tokens
$BTC

Frequently asked questions

  1. How much did Strategy pay for its latest Bitcoin purchase?

    Strategy paid approximately $75.7 million for 950 BTC, at an average price of $79,670 per bitcoin.

  2. How much Bitcoin does Strategy hold after the purchase?

    Strategy now holds 846,000 BTC. The position is valued at around $71.9 billion at current prices.

  3. What share of Bitcoin’s supply does Strategy control?

    Strategy’s holdings represent more than 4% of Bitcoin’s 21 million supply cap.

  4. How did Strategy fund the latest Bitcoin acquisition?

    The latest acquisition was funded from Strategy’s USD Cash reserve, which stood at $1.05 billion on Sept. 20.

  5. How did MSTR and Bitcoin perform during the same period?

    MSTR gained 16.4% last week to close at $153.92, while Bitcoin rose 5.3%. MSTR remained flat year-to-date and was down 54.2% over the past year.

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