₿ STRATEGY BUYS ANOTHER 1,665 BTC — HOLDINGS REACH 847,666 BITCOIN
Strategy has added another large block of Bitcoin to its treasury.
According to its latest SEC filing, the company purchased:
• 1,665 BTC
• Cost: $142.7 million
• Average price: $85,681 per BTC
That brings Strategy's total holdings to:
847,666 BTC
The company has spent approximately $63.95 billion building the position, with an overall average acquisition price of about $75,437 per Bitcoin.
Important distinction:
The latest purchase was funded using approximately $142.7 million in net proceeds from MSTR stock sales.
Strategy is effectively continuing to use the public capital markets to expand its Bitcoin treasury.
Its model now connects:
• Equity markets
• Preferred securities
• Corporate financing
• Bitcoin accumulation
Whatever happens to BTC price in the short term, the scale is becoming difficult to ignore.
One public company now controls more than 847,000 BTC.
@BitcoinNews
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