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Strategy bought another 811 bitcoin last week. The Saylor-led firm spent about $65.5 million at an average of $80,846 per coin between October 26 and November 1, according to its 8-K filing on Monday. That brings total holdings to 849,327 BTC, bought for roughly $64.1 billion at an average of $75,451.
The money didn’t come from new preferred stock this time. Strategy sold about 1.18 million shares of MSTR common stock for roughly $164 million, sent $65.5 million into bitcoin, and parked the remaining $98.5 million in USD cash. It also spent around $208 million buying back about 2.1 million shares of its STRC preferred.
Strategy spent much of the year leaning on preferred issuance…
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