Strategy Buys $370M of Bitcoin in First Purchase Since June - Decrypt

In brief

Strategy bought 4,603 Bitcoin for $369.7 million between August 24 and 30, its first purchase in around two months.

It funded the buy by selling 4,531,421 MSTR shares through its at-the-market programme, raising $602.8 million.

The firm's Bitcoin holdings now stand at 845,050 BTC, with $6.71 billion in dollar assets across its USD Reserve and USD Cash pots.

Strategy has started buying Bitcoin again after a summer spent selling it.The Bitcoin treasury company picked up 4,603 BTC for $369.7 million in the week to August 30, at an average of $80,318 apiece, according to a filing with the Securities and Exchange Commission. That takes its stack to 845,050 BTC, bought for $63.73 billion at an average of $75,412.