Crypto news and analysis
Markets · News

Strategy resumes Bitcoin buying with a $369.7 million purchase

The company bought 4,603 BTC after a ten-week pause, while also repurchasing preferred shares and adding to its dollar liquidity.

A physical representation of Bitcoin beside market charts.
Illustrative Bitcoin-market imagery; it does not depict Strategy's custody or transaction. Photo: Unsplash · Unsplash License
From our reporting

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Markets · 3 min readStrategy sells 1,638 bitcoin and raises its cash reserve to $4 billion

The company sold $104.7 million of bitcoin last week while raising $290.6 million through common-stock sales and buying back $81.2 million of its STRC preferred shares.

Markets · 3 min readStrive adds 1,110 bitcoin after issuing more common and preferred shares

The public asset manager bought $81.5 million of bitcoin between Aug. 17 and Aug. 21, lifting its holdings to 21,356 BTC while its fully diluted bitcoin-per-share measure rose by about 1.4%.

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