Strategy buys 1,587 BTC for $100M; holdings 846,842 BTC

Strategy purchased 1,587 bitcoin for $100 million, raising its reported holdings to 846,842 BTC.

Strategy disclosed the purchase of 1,587 bitcoin for $100 million, raising its reported holdings to 846,842 BTC. The company reported an average price of about $63,012 per bitcoin.

The disclosure said Strategy increased its bitcoin balance with the $100 million cash outlay but did not specify exact trade dates or the counterparties involved.

Since 2020, Strategy has reported periodic bitcoin purchases as part of its corporate treasury strategy. Each disclosure typically lists the number of coins bought and the cash amount spent; the latest figures follow that format and update the company’s cumulative inventory.

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