Between August 24 and 30, Strategy picked up 4,603 BTC for a total of $369.7 million. The average buy price landed at $80,318 per coin. After this latest move, the company’s BTC stash now sits at 845,050 BTC.
Buying Spree: August 24–30
This past week, Strategy added 4,603 BTC to its balance sheet, directly upping the company’s on-chain Bitcoin holdings. The average entry price was $80,318, putting the week’s total spend at $369.7 million.
Where’s the Money Coming From?
Strategy funded its Bitcoin buys by selling MSTR shares, bringing in $602.8 million in net proceeds over the week. Out of that, $151.8 million went toward buying back STRC preferred shares.
Bitcoin Reserves and Dollar Liquidity
Following these moves, Strategy’s total Bitcoin reserves now stand at 845,050 BTC. On the fiat side, the company holds $5.10 billion in USD reserves and $1.61 billion in USD cash.
