Strategy buys 334 Bitcoin as holdings hit 848,000 BTC

Leading digital asset treasury Strategy acquired 334 Bitcoin for approximately $29 million in the four days through Oct. 4, lifting its holdings to 848,000 BTC worth $73 billion, the company disclosed Monday.

The firm used nearly $16 million in net proceeds from MSTR stock sales and $13 million of USD Cash to fund the latest Bitcoin purchases, which followed a 1,665 BTC accumulation by the end of last month.

Separately, Strategy repurchased 740,634 STRC shares for nearly $74 million during the period. That followed a 1.03 million-share STRC repurchase for about $103 million from Sept. 28 through Sept. 30.

The company also spent more than $142 million from its USD Reserve on preferred-stock dividends and interest, leaving almost $4.9 billion in the reserve and $833 million in USD Cash as of Oct. 4.

Strategy reported no sales of its STRF, STRC, STRK or STRD preferred shares during the period.

The Bitcoin proxy estimated a $20.9 billion digital-asset gain for the third quarter, alongside nearly $1.9 billion in deferred tax expense.