Strategy Buys $76 Million in Bitcoin as Holdings Reach 846,000 BTC

Strategy has returned to Bitcoin buying after a three week break, adding 950 BTC as the cryptocurrency climbed back above $86,000.

The $75.7 million purchase lifted Strategy holdings to 846,000 BTC, keeping the company far ahead of other public corporate Bitcoin holders.

Good to Know

• Strategy bought 950 BTC at an average price of $79,670.
• Total Bitcoin holdings now stand at 846,000 BTC.
• Strategy also spent about $174 million repurchasing STRC preferred stock.

Strategy Resumes Bitcoin Purchases

The latest transaction covered September 14 through September 20 and represented the first Strategy Bitcoin purchase since August 31.

Strategy has spent about $63.8 billion building the 846,000 BTC position, giving the entire holding an average acquisition price of $75,416 per Bitcoin.

The timing coincided with a sharp Bitcoin rally. BTC crossed $86,000 on September 21 for the first time since January, after gaining close to 6% during the session. Bitcoin remained above $85,000 during Asian trading on September 22.

However, Strategy has not only been buying Bitcoin in 2026. The company introduced a BTC monetization program in June that allows Bitcoin sales to support liquidity, preferred stock dividends and other capital requirements.

Several Bitcoin sales followed during the summer before the latest purchase. The Strategy ledger shows holdings falling from 846,000 BTC at the end of June to below 841,000 BTC in August, before purchases rebuilt the position to the current level.

STRC Buybacks Continue Alongside Bitcoin Strategy

Strategy also repurchased about $174 million of STRC during the latest reporting period. STRC is the company variable rate perpetual preferred stock and currently carries a 12% annualized dividend rate.

The company began buying back STRC after the shares traded below the $100 stated amount. Strategy previously said purchases below that level can reduce future preferred dividend obligations at a discount.

Strategy remains the largest corporate Bitcoin holder and describes itself as the first Bitcoin Treasury Company.