Strategy purchased 1,665 more Bitcoins, bringing total holdings to 847,666, or about 4% of the total supply.
Strategy (formerly MicroStrategy) filed an 8-K with the SEC: from September 21 to 27, it bought 1,665 $BTC , spending about $142.7 million, at an average price of $85,681. Holdings rose to 847,666 coins, with total costs of approximately $63.95 billion and an all-in average cost of $75,437. At the current price, the unrealized profit is roughly $6.6 billion, accounting for more than 4% of the 21 million coin cap—making it still the largest publicly disclosed holder of Bitcoin.
Where the money came from: during the same period, it sold 1.469 million shares of MSTR via its ATM program, raising net proceeds of $246.2 million. Of that, $142.7 million was used to buy Bitcoin, and the remainder—about $151.7 million—was used to repurchase preferred stock STRC. Saylor also disclosed that it holds approximately $6.02 billion in U.S. dollar assets. This is the first time since June that it has made net purchases for two consecutive weeks, effectively offsetting earlier reductions made earlier in Q3.
Don’t read the order book as “institutions are picking up so it must rally.” The average price of their Bitcoin purchases is $83,000 higher than the current price; they are acquiring long-term inventory and using equity financing. BTC still needs to break through 85,000–87,300 first. If 80,700–82,800 doesn’t hold, then “treasury” news can only be taken as sentiment—it cannot be used as a reason to add leverage into the night session.
#Strategy增持1666枚BTC持仓达847666枚 $BTC
Strategy (formerly MicroStrategy) filed an 8-K with the SEC: from September 21 to 27, it bought 1,665 $BTC , spending about $142.7 million, at an average price of $85,681. Holdings rose to 847,666 coins, with total costs of approximately $63.95 billion and an all-in average cost of $75,437. At the current price, the unrealized profit is roughly $6.6 billion, accounting for more than 4% of the 21 million coin cap—making it still the largest publicly disclosed holder of Bitcoin.
Where the money came from: during the same period, it sold 1.469 million shares of MSTR via its ATM program, raising net proceeds of $246.2 million. Of that, $142.7 million was used to buy Bitcoin, and the remainder—about $151.7 million—was used to repurchase preferred stock STRC. Saylor also disclosed that it holds approximately $6.02 billion in U.S. dollar assets. This is the first time since June that it has made net purchases for two consecutive weeks, effectively offsetting earlier reductions made earlier in Q3.
Don’t read the order book as “institutions are picking up so it must rally.” The average price of their Bitcoin purchases is $83,000 higher than the current price; they are acquiring long-term inventory and using equity financing. BTC still needs to break through 85,000–87,300 first. If 80,700–82,800 doesn’t hold, then “treasury” news can only be taken as sentiment—it cannot be used as a reason to add leverage into the night session.
#Strategy增持1666枚BTC持仓达847666枚 $BTC
