Strategy Buys 1,665 Bitcoin for $143 Million, Setting New Holdings Record at 847,666 BTC

Strategy, the bitcoin treasury firm led by Michael Saylor, acquired 1,665 bitcoin between September 21 and September 27 for approximately $142.7 million, at an average price of $85,681 per coin including fees and expenses. The purchase pushed the company's total holdings to a new record of 847,666 BTC, representing roughly 4% of bitcoin's 21 million coin supply cap and worth approximately $70 billion at current prices.

Alongside the bitcoin purchase, Strategy simultaneously repurchased $152 million of its STRC preferred shares, a capital move that Seeking Alpha described as a $294 million combined shuffle. The back-to-back weekly purchases signal that last week's buy was not a one-off, reinforcing the company's sustained accumulation strategy.

Strive Asset Management also added to its corporate bitcoin holdings during the same period, purchasing approximately 1,100 BTC for $94.5 million, with 85% of that capital supplied by SATA, bringing Strive's total to 27,462 BTC. Combined, the two firms spent roughly $232.5 million to add more than 2,700 bitcoin to corporate treasuries in a single week.

The purchases came as bitcoin traded near an eight-month high, with the asset closing the prior week at $84,445, its highest weekly close in eight months and a second consecutive close above the Weekly 50-period moving average. US spot bitcoin ETFs pulled in $2.39 billion in weekly inflows, their largest haul since 2025, reflecting broad institutional appetite for the asset at current levels.