Strategy Resumes Consecutive Weekly Bitcoin Purchases for First Time Since June

Strategy (formerly MicroStrategy) has executed back-to-back weekly Bitcoin acquisitions for the first time since June, signaling a shift back to accumulation. For the week ending Sept. 27, the company purchased 1,665 BTC for $142.7 million at an average price of $85,681 per token, following a 950 BTC acquisition the previous week. These moves have reversed the company's net quarterly decline, bringing its total holdings to a record 847,666 BTC. The latest purchases were funded through its at-the-market common-stock program, extending the company's streak of consecutive quarters with net Bitcoin growth to 24.