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Strategy Inc. expands Bitcoin holdings to 847,666 BTC
Strategy Inc. has significantly expanded its Bitcoin treasury, purchasing 1,665 BTC between September 21 and September 27 at an average price of $85,681 per coin. This acquisition brings the company's total holdings to 847,666 BTC, with an aggregate acquisition cost of approximately $63.95 billion and an average cost per coin of $75,437.
The purchases were funded through the sale of approximately 1.47 million MSTR common shares via an at-the-market program, generating $246.2 million in net proceeds. Strategy also allocated $103.5 million of these proceeds toward repurchasing approximately 1.53 million STRC preferred shares. The company reported holding $6.02 billion in combined USD reserves and cash.
Other institutional players also increased their digital asset reserves. Strive added 1,107 BTC to its holdings, bringing its total to 27,462 BTC. Additionally, Bitmine acquired 17,362 ETH, bringing its total Ethereum holdings to over 6 million ETH, representing nearly 5% of the total circulating supply.
In a separate development, Strategy Executive Chairman Michael Saylor proposed a regulatory framework to allow commercial banks to provide Bitcoin custodial services and offer loans secured by digital assets, aiming to reduce barriers to institutional integration.
Entities
Alexandre Laizet · BitMine · Bitcoin · Capital B · Michael Saylor · SEC · Strategy · Strategy Inc. · Strive · Swissquote Bank Europe · TOBAM · Taurus
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Michael Saylor teased a potential Bitcoin purchase by Strategy Inc. via a social media post.
- [○ 1 SOURCE] Strategy Inc. purchased 950 BTC for $75.7 million during the week preceding September 21.
- [○ 1 SOURCE] The company's average acquisition price for Bitcoin is $75,416.
- [○ 1 SOURCE] The market value of the company's Bitcoin holdings was approximately $71.81 billion.
- [○ 1 SOURCE] The company spent $174 million repurchasing its STRC preferred stock during the same reporting period.
- [● 2 SOURCES] Strategy Inc. holds 846,000 BTC.
- [● 2 SOURCES] Michael Saylor proposed a framework allowing banks to provide Bitcoin custody and secured loans. world-today-journal.com · news.bitcoin.com
- [● 2 SOURCES] Bitmine purchased 17,362 ETH, bringing its total holdings to 6 million ETH. cryptonews.com.au · en.bitcoinsistemi.com
- [● 8 SOURCES] The average purchase price for the 1,665 BTC was $85,681, including fees. www.tronweekly.com · crypto.news · www.neweconomy.jp · journalducoin.com · cryptoslate.com · +3 more
- [DISPUTED] Strive added 1,107 BTC to its holdings, bringing its total to 27,462 BTC. kryptomagazin.cz · cryptonews.com.au · coinedition.com · www.btc-echo.de · www.merca2.es · +1 more
- [● 10 SOURCES] The Bitcoin purchases were funded by selling MSTR common stock through an at-the-market program. crypto.news · journalducoin.com · cryptoslate.com · www.livebitcoinnews.com · www.tekedia.com · +5 more
- [● 16 SOURCES] Strategy purchased 1,665 BTC between September 21 and September 27. kryptomagazin.cz · www.tronweekly.com · block-builders.de · crypto.news · cryptonews.com.au · +11 more