Strategy acquires 334 BTC for $28.7M, total holdings reach 848,000 BTC

Strategy said it acquired 334 BTC for $28.7 million at an average price of $85,839 between October 1 and 4, bringing total holdings to 848,000 BTC at an aggregate cost of about $63.97 billion. The purchase was funded with $15.7 million from MSTR share sales and $13 million in cash. Strategy also repurchased about $176.3 million of STRC shares between September 28 and October 4. For Q3, the company estimates a $20.91 billion gain on digital assets, with its bitcoin holdings carrying a value of $70.82 billion as of September 30.

Strive said it acquired 2,000 BTC for approximately $169 million at an average price of $84,422 per BTC, bringing total holdings to 29,462 BTC. The company said 61.5% of the capital raised in the latest round came from SATA, while warrant exercises generated an additional $56.7 million. — link