Strategy buys $370M Bitcoin in first corporate purchase since June
Strategy added to its BTC treasury for the first time in two months, while continuing to bolster its cash reserves and buy back its perpetual STRC preferred stock.
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Published in the last two hours. 3 independent sources are tracking the same story.
Strategy added to its BTC treasury for the first time in two months, while continuing to bolster its cash reserves and buy back its perpetual STRC preferred stock.
Why this matters
Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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3 sources
Strategy Buys $370M of Bitcoin in First Purchase Since June
The 4,603 BTC cost an average of $80,318, some 29% above what the company took for the coins it...
Strategy buys 4,603 Bitcoin for $370M, ending 10-week buying pause
Strategy's renewed Bitcoin buying signals confidence in long-term crypto value, but market vola...
Strategy buys 4,603 BTC for $370M, repurchases $152M in shares
Strategy's financial maneuvers bolster confidence in its market position, potentially enhancing...
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Strategy returns to bitcoin buys, adding $370 million of BTC last week
It's the first week of bitcoin purchases for the Michael Saylor-led company in about two months.