MicroStrategy has acquired 950 BTC for $75.7 million, bringing its total holdings to 846,000 coins. The average purchase price was $79,670 per coin. The company is now within 1,363 coins of its record high of 847,363 BTC, which was reached on June 22.
The total investment for the company's entire Bitcoin portfolio stands at $63.80 billion, with an average cost basis of $75,416 per coin. Since August 10, when holdings dropped to 840,447 coins, the firm has added 5,553 BTC to its treasury.
During the same week, the company repurchased 1,771,238 STRC preferred shares for $174.0 million. This expenditure exceeded the previous week's buyback total of $139.3 million. No MSTR, STRF, STRK, or STRD shares were repurchased in this period.
The company's USD cash reserves decreased from $1.30 billion to $1.05 billion as of September 20. Additionally, $57.4 million was drawn from the USD reserve, leaving a balance of $5.04 billion. No shares were sold under the at-the-market program.
