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Strategy buys bitcoin for first time since June, $369.7 million

decrypt +11 ·

MSTR Strategy Inc
$164.55 +0.07%
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  1. 1Strategy (MSTR) bought 4,603 bitcoins in the week through Aug. 30
  2. 2Purchase price $369.7 million, average $80,318; funded via ATM sale of 4,531,421 MSTR shares
  3. 3After selling from May to August, MSTR's recovery made equity financing more favorable, prompting repurchase; holdings now 845,050 BTC

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