Strategy Stays on the Sidelines Again but Strive Buys More Bitcoin

The world’s largest corporate holder of bitcoin made a somewhat surprising BTC acquisition at the start of the month but has remained quiet on that front ever since.

In contrast, the Matt Cole-spearheaded Strive continues to accumulate, adding another 469 BTC to its stash.

Michael Saylor noted on X minutes ago that his company’s cryptocurrency stash remains at 845,050, acquired at an average price of $75,412 per unit. The firm has spent a little over $63.7 billion to acquire the fortune over the past six years, while its current value is about $2 billion higher.

Nevertheless, Strategy has made only one purchase in the past almost three months, which was announced on September 1. At the time, the company spent $370 million to buy back 4,603 BTC after selling at much lower prices.

Instead, the firm continues to repurchase STRC, splashing another $139 million. Its USD reserve has fallen slightly to $6.4 billion as a result. STRC’s price has recovered substantially since the lows a few months ago when it dipped to $75, currently sitting at over $98.5.

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