Strategy acquired 950 BTC, bringing its total Bitcoin holdings to 846,000 BTC as of September 20. The company also repurchased $174 million worth of STRC preferred stock and held about $6.09 billion in USD assets. Before the latest purchase, Strategy held 845,050 BTC at an average cost of $75,412 per coin, with total acquisition costs of about $63.73 billion. The purchase further increases the company’s Bitcoin exposure as it continues managing its preferred-stock and cash positions.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Chainlink is approaching a decisive rice zone, and the road to $20 is anything but…
RENDER is sitting at a critical zone, and the next move could decide whether its…
The global markets are heading into November on a bearish note, displaying uncertainty with rising…
Stacks (STX) is showing signs of a stronger recovery after spending much of October under…
The crypto market is showing signs of weakness, with its total value falling to $2.67…
XRP is approaching a key resistance zone between $1.25 and $1.27. A strong 12-hour close…
