Strategy, the Bitcoin treasury company chaired by Michael Saylor, said it bought another 1,036 BTC over the past week for about $82 million. The coins were acquired at an average price of $79,012 each, taking the firm’s total Bitcoin holdings to 850,364 BTC.
The latest purchase comes during a period of weakness in the broader crypto market. At the time referenced in the source report, Bitcoin was trading at $74,811, down nearly 1.5% over 24 hours, almost 3% over seven days and close to 10% over the past month.
Buying resumes after summer sales
The new acquisition extends Strategy’s return to buying after it resumed accumulating Bitcoin in late August. Earlier in the summer, the company sold BTC for the first time since 2022 under what it described as a Bitcoin monetization program.
According to the source report, that program was introduced to strengthen Strategy’s cash reserves and help support dividend payments. The sales drew criticism across parts of the crypto sector because they contrasted with the company’s long-running public stance in favor of holding Bitcoin over the long term.
Saylor draws line between personal holdings and company policy
The summer sales also highlighted a difference between Michael Saylor’s personal messaging and Strategy’s corporate capital management. Saylor has for years urged investors to “never sell” Bitcoin, a phrase closely associated with his public advocacy for the asset.
He later said that statement referred to his own holdings rather than the company’s balance sheet. Saylor said he has never sold any of his personal Bitcoin, while Strategy, as a public company, has long disclosed that it may buy or sell BTC as part of managing capital. He also said the company’s conviction in Bitcoin had not changed.
Preferred stock repurchase disclosed
On Monday, Saylor also said Strategy repurchased $188 million of STRC, the company’s perpetual preferred stock. The security carries a 12.00% annual dividend and is structured around a par value of about $100.
At the time cited in the report, STRC was trading at $99.98. The repurchase was disclosed alongside the latest Bitcoin purchase, adding to the picture of how the company is managing both its capital structure and its treasury strategy.
Largest corporate Bitcoin holder remains active
Strategy was the first public company to make Bitcoin its sole treasury reserve asset, according to the source report. It remains by far the largest corporate holder of Bitcoin, with its 850,364 BTC stack valued at about $63.6 billion based on the figures provided.
The latest purchase shows that, despite this year’s shift to occasional sales under its monetization program, the company is still actively adding to its position. The next confirmed step for the market will be any further treasury updates from Strategy on additional BTC purchases or sales and any new disclosures tied to STRC and dividend support.
Source: dailyhodl.com