Strategy Buys 1,665 Bitcoin for $143M
2026-09-29
Strategy announced the purchase of 1,665 Bitcoin for $143 million, increasing its total holdings to 847,666 BTC. The company also sold MSTR shares for $246.2 million to fund these acquisitions and repurchase preferred stock.
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Strategy acquired 1,665 Bitcoin for $143 million, increasing its total holdings. The purchase was funded by selling MicroStrategy shares and was used to repurchase preferred stock.
Key facts
- Strategy purchased 1,665 Bitcoin for $143 million.
- The company's total Bitcoin holdings increased to 847,666 BTC.
- The acquisition was funded by selling 1.47 million MicroStrategy shares, generating $246.2 million.
- Proceeds from the share sale were also used to repurchase STRC preferred stock.
- Strategy continues to accumulate Bitcoin as a treasury reserve asset.
Source: CoinTelegraph
Reported by VERA Newswire.
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