Wu Blockchain (@WuBlockchain): JUST IN: Strategy Buys 4,603 BTC for $369.7M as Holdings Reach 845,050 BTC
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JUST IN: Strategy Buys 4,603 BTC for $369.7M as Holdings Reach 845,050 BTC Strategy said it purchased 4,603 BTC for $369.7 million between August 24 and August 30 at an average price of $80,318, bringing total holdings to 845,050 BTC acquired for $63.73 billion at an average price of $75,412. The purchases were funded through MSTR share sales, which generated $602.8 million in net proceeds during the week. Strategy also used $151.8 million to repurchase STRC preferred shares, while its USD Reserve and USD Cash stood at $5.10 billion and $1.61 billion, respectively.