MicroStrategy Purchases 1,665 BTC, Total Holdings Reach 847,666

MicroStrategy (MSTR) acquired 1,665 BTC between September 22 and 28 at an average price of $85,681, totaling $142.7 million. The purchase was funded through the issuance of MSTR common stock. Following this acquisition, the company's total Bitcoin holdings reached 847,666 BTC, with a cumulative investment of $63.95 billion at an average cost of $75,437 per coin. Additionally, the company utilized $103.5 million from the stock issuance to repurchase STRC preferred shares, reducing its USD cash balance to $1 billion.