Saylor’s Strategy Expands Bitcoin Holdings With 1,665 BTC

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The purchase from last week wasn't a one-time thing, it appears.

The world’s largest corporate holder of bitcoin seems to have returned to the BTC-buying scene in full force after the summer hiatus, with a second major weekly acquisition in a row announced just minutes ago.

The company’s co-founder and former CEO, Michael Saylor, who hinted about the purchase on X yesterday, announced the firm has scooped up 1,665 BTC over the past week. The average accumulation price was at $85,681.

The firm’s total BTC holdings have skyrocketed to 847,666, acquired for nearly $64 billion. The cryptocurrency’s major price expansion in the past six weeks or so has put that stash well in the green, currently valued at more than $70 billion.

In addition to the bitcoin acquisition, Strategy has repurchased another $152 million worth of STRC, and it still sits on a USD cash reserve of just over $6 billion.

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