Strategy reaches new BTC reserve record with almost $300M splurge on BTC, STRC
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Strategy added 1,665 BTC between September 21 and September 27 and also repurchased about $151.7 million of STRC preferred shares during the same week. Its Bitcoin holdings reached 847,666 BTC, and the company said it had recovered all of the Bitcoin it previously sold.
Key claims & sources
What it means
Strategy’s updated holdings are the main visible change for its shareholders and for people tracking corporate Bitcoin accumulation. After the week’s purchases, the company’s reserve total stands at a new record level and its STRC buyback also shows up on the same filing, so both Bitcoin exposure and preferred-share activity changed at once.
Before this filing, the company had a smaller Bitcoin reserve and fewer BTC on its books. Now the stated position is 847,666 BTC, and the firm also completed a repurchase of STRC preferred stock during the same week, while the filing does not change the fact that the figures are based on that week’s purchases.
Market reaction i
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
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