Strategy Adds 334 BTC in $28.7 Million Bitcoin Purchase, Holdings Reach 848,000 BTC
Strategy has purchased another 334 Bitcoin for $28.7 million, according to data shared by Coin Bureau on X, extending the company’s reported buying streak as October begins.
Strategy Adds 334 Bitcoin
The latest acquisition added 334 BTC at an average price of $85,839 per Bitcoin. The purchase brings Strategy’s total Bitcoin holdings to 848,000 BTC, with the company having spent roughly $63.97 billion to acquire its holdings, according to the figures cited by Coin Bureau.
The purchase was funded through two sources. Strategy used $15.7 million generated from MSTR share sales and another $13 million in cash to finance the $28.7 million Bitcoin acquisition.
Three Consecutive Buying Periods
The latest purchase follows two reported Bitcoin buying periods by Strategy in September. The company previously acquired 950 BTC for $75.7 million, followed by another purchase of 1,665 BTC for $142.7 million.
With the latest 334 BTC acquisition, Strategy has reported three straight buying periods. The sequence keeps the company in an ongoing accumulation phase, based on the purchases cited in the Coin Bureau post.
The latest transaction also marks Strategy’s reported start to what Coin Bureau described as “Uptober,” with the company adding Bitcoin at an average purchase price of $85,839. Its total holdings now stand at 848,000 BTC, acquired for approximately $63.97 billion.
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
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