Peaked at #2 Off the board
Strategy Bitcoin Holdings Top 840K
Strategy bought 334 BTC at an average $85,839, bringing holdings to 848,000 BTC, funded partly by share sales.
Key points
- Strategy acquired 334 BTC for $28.7 million at an average price of $85,839, bringing total holdings to 848,000 BTC worth $63.97 billion at cost.
- The company sold 92,894 MSTR shares, raising $15.7 million used for Bitcoin purchases.
- Strategy estimates a $20.91 billion Q3 gain on digital assets, with Bitcoin carrying value reaching $70.82 billion at Sept. 30.
- BitcoinArchive said Strategy likely surpassed 850,000 Bitcoin held over the past week, and BritishHodl said MSTR could buy another 500,000 Bitcoin and be over $1,800 by Q3 2027 if it pivots to Total Returns and lifts the ATM on the common stock as STRC sustains par.
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Original post
$MSTR - STRATEGY BUYS MORE BITCOIN, HOLDINGS REACH 848,000 BTC
Strategy acquired 334 BTC for $28.7 million at an average price of $85,839, bringing total holdings to 848,000 BTC worth $63.97 billion at cost.
The company also sold 92,894 MSTR shares, raising $15.7 million used for Bitcoin purchases.
Strategy estimates a $20.91 billion Q3 gain on digital assets, with Bitcoin carrying value reaching $70.82 billion at Sept. 30.
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From @strategystock and others. Spam removed, with English and Chinese translations.
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