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Strategy (MSTR) Adds 1,036 Bitcoin for $81.9 Million as Holdings Slip Below Cost
Strategy bought 1,036 bitcoin last week for $81.9 million at an average of $79,012, lifting its stack to 850,364 BTC. This post Strategy (MSTR) Adds 1,036 Bitcoin for $81.
Brief
Strategy, the firm led by Michael Saylor, added 1,036 bitcoin in the week of November 2 to 8, paying about $81.9 million, according to a Monday 8-K filing. That lifted its holdings to 850,364 BTC, bought at an average cost of $75,456 per coin. The purchase was funded with proceeds from selling about 2.05 million MSTR common shares. Bitcoin traded near $74,800 when the article was written, slightly under that average cost, per Bitcoin Magazine Pro data. Over the same week, Strategy spent $188.3 million repurchasing its STRC preferred stock, and it still has $560.3 million left under that program. Saylor announced the purchase on X, and the 8-K remains the primary disclosure.
Why it matters: It shows the firm continuing bitcoin accumulation while buying back preferred shares, with its holdings now just below its average cost.
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