Strategy Resumes Bitcoin Accumulation With A Fresh $370M Purchase Last Week

TL;DR

• Strategy resumed its bitcoin purchases after a two-month pause, acquiring 4,603 BTC for $369.7 million at an average price of $80,318 per unit.
• The operation was funded through the sale of common shares for $602.8 million, part of which was used to repurchase $151.8 million in STRC preferred shares.
• Strategy now holds 845,050 BTC purchased for $63.73 billion, with an average acquisition price of $75,412 per unit.

Strategy resumed its bitcoin purchases after a pause of approximately two months, the longest the company has recorded in its BTC accumulation history. The firm acquired 4,603 BTC for a total of $369.7 million during the past week, at an average price of $80,318 per unit, according to a press release.

The operation was funded primarily through the sale of common shares for $602.8 million. The remaining funds were allocated to the repurchase of $151.8 million in preferred shares STRC and to strengthening the company’s cash reserves. Its chief executive officer Michael Saylor anticipated the operation on Sunday through his account on X, where he posted a chart with the firm’s purchase history and wrote: “We’re ₿ack“.

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