Strategy Buys 1,665 BTC for $143M, Sets New Record with 847,666 Bitcoin
What happened: Michael Saylor's Strategy Inc.
What happened: Michael Saylor's Strategy Inc. purchased 1,665 BTC between September 21–27 for approximately $142.7 million, raising its total holdings to 847,666 BTC—about 4% of the total supply cap. The buy was funded through the sale of 1,469,165 MSTR shares, generating $246.2 million in net proceeds. Strategy's aggregate cost basis now stands at $63.95 billion, with an average price of $75,437 per BTC.
Why it matters: Strategy's accumulation reaffirms its position as the largest corporate Bitcoin holder, even as CEO Saylor recently signaled that a BTC sale is "not unlikely" in 2026. The purchase also resumes activity after a brief pause, and the firm is proposing daily dividends for its preferred stock classes, indicating evolving capital management strategies amid ongoing market volatility.
Source: Decrypt