TL;DR
- The strategy bought 950 Bitcoin during the week ending September 20 for $75.7 million.
- The purchases were made at an average price of $79,670 per bitcoin.
- The strategy now indicates that 846,000 Bitcoins have been acquired for a total amount of $63.80 billion.
The strategy added another 950 BTC to its balance sheet, expanding the corporate treasury strategy that continues to define the company.
An SEC filing dated Sept. 21 shows the purchases were made between Sept. 14 and Sept. 20 for a total of $75.7 million in cash. The average purchase price was $79,670 per Bitcoin.
The strategy’s Bitcoin Stack amounts to 846,000 BTC
Following the latest acquisition, the strategy reported total holdings of 846,000 BTC.
The company says these coins were acquired for a total of $63.80 billion, putting the average acquisition price at $75,416 per bitcoin.
Timing is worth keeping precise. The deposit was made on September 21, but covers purchases made during the previous week rather than a single transaction made on the day of the deposit.
This distinction has become increasingly important with Strategy’s regular treasury updates, which often aggregate several purchases into a single disclosure.
The same filing also shows that the company repurchased 1,771,238 shares of its STRC preferred stock for $174 million.
The company’s treasury strategy continues to expand
The strategy’s latest move reinforces how aggressively it will continue to use the public markets and its capital structure to support a bitcoin-heavy balance sheet.
At 846,000 BTC, the company no longer offers a side allocation. Bitcoin is a key component of how investors evaluate a business, how they interpret its financing activity, and how changes in BTC prices impact a company’s balance sheet narrative.
The latest purchase was made above the average total cost of the strategy, which also means that each additional acquisition at current levels pushes the blended cost basis higher.
At the moment, the main numbers confirmed are a weekly purchase of 950 BTC and a total of 846,000 BTC generated. The filing does not indicate that all 950 bitcoins were purchased on September 21 itself.
This article was written by News Desk and edited by Samuel Ray.