Strategy adds another 334 BTC, pushing stockpile past 848,000 coins
Macro & Markets ·
The company led by Michael Saylor spent roughly $28.7 million on its latest bitcoin purchase, continuing a buying pattern that has stretched for three consecutive weeks.
Strategy acquired 334 BTC at an average price of $85,838.80 per coin, according to The Block. The acquisition lifts the firm's total bitcoin reserve to 848,000 BTC, cementing its position as the largest known corporate holder of the asset. This marks the third straight week the company has added to its position, a pace noted by CryptoPotato.
The latest buy is incremental compared with the overall size of the holding, but it extends a strategy of steady, repeated accumulation rather than large one-off purchases. By continuing to buy at current market prices near $85,800 per coin, the company keeps adding exposure even as its existing stack already represents a substantial share of its balance sheet.
The purchase comes alongside other financial moves disclosed by the company. Separate reporting in the same cluster notes a $21 billion fair-value gain on its bitcoin holdings for the third quarter, tied to the appreciation of the 848,000 BTC position. The company also repurchased $176 million of its own stock during the period, pairing continued bitcoin accumulation with buybacks of its equity.
Multiple outlets tracking the company's public disclosures have converged on the same figures — 334 BTC acquired, a purchase price near $28.7 million, and a cumulative total of 848,000 BTC — though one account lists the precise total as 848,000.3 BTC, suggesting minor rounding differences across reports rather than a discrepancy in the underlying transaction.
What remains unclear is whether the pace of weekly purchases will continue at a similar size going forward, and how the $21 billion fair-value gain will factor into the company's reporting or future capital decisions. The relationship between the stock buyback and ongoing bitcoin purchases also has not been detailed further, leaving open how the company is balancing the two uses of capital.