MicroStrategy acquired 1,665 BTC (~$142.7M) and repurchased $151.7M of MSTR stock in late September, bringing its total BTC holdings to 847,666.
Macro & Markets ·
Strategy purchased 1,665 BTC during late September, spending roughly $142.7 million on the acquisition between the 21st and 27th of that month. In the same timeframe, the firm bought back 1,534,530 of its own shares for approximately $151.7 million. Through an ATM equity offering, Strategy also generated around $246.2 million in net cash from issuing 1.47 million shares, while avoiding any preferred stock issuance.
The activity expanded Strategy's standing in bitcoin considerably. As of September 27, the company held a total of 847,666 BTC that had cost approximately $63.95 billion to acquire, translating to an average entry price near $75,437 per coin. The firm also maintained roughly $6.02 billion in US dollar reserves alongside its digital holdings.
The concurrent share repurchase and bitcoin accumulation reflect dual capital allocation priorities, though the timing relationship between the equity raise and these deployments—whether the stock sales directly funded bitcoin purchases or served other purposes—remains unspecified.