Strategy Acquires Additional 950 Bitcoin in $75.7M Purchase
On Monday, Strategy (MSTR) announced it purchased an additional 950 bitcoins for approximately $75.7 million during the week ending September 20. The acquisition was made at an average price of around $79,670 per BTC, including fees and expenses. This purchase is part of MSTR's ongoing strategy to increase its Bitcoin holdings. In addition to buying more Bitcoin, Strategy also executed a stock buyback program worth approximately $174 million during the same period. The company has been actively reducing its share count while simultaneously investing in digital assets as part of its broader financial strategy and capital allocation decisions.
Tickers: $MSTR