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News · Institutions & ETFs

Strategy Buys 1,665 Bitcoin for $142.7 Million, Treasury Expands to 847,666 BTC

The enterprise treasury firm issued MSTR shares to acquire more bitcoin and retire $151.7 million in preferred stock.

$BTC $83,264 −0.7%$MSTR$STRC
September 28, 2026basisdesk.news
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Key point 1 of 3

01

Strategy acquired 1,665 BTC for $142.7 million at an average cost of $85,681 between Sept. 21 and Sept. 27, 2026.

September 28, 2026basisdesk.news
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Key point 2 of 3

02

Total corporate holdings reached 847,666 BTC, held at a cumulative aggregate purchase price of $63.95 billion.

September 28, 2026basisdesk.news
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Key point 3 of 3

03

Net common stock ATM proceeds of $246.2 million funded the purchases alongside $151.7 million in STRC preferred stock repurchases.

September 28, 2026basisdesk.news
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Context

Strategy has systematically used common equity ATM issuance to fund spot bitcoin accumulation and service its capital stack.

September 28, 2026basisdesk.news
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Why it matters

The ongoing purchases absorb spot supply while the preferred stock buybacks reduce perpetual dividend burdens on the firm's dollar reserves.

September 28, 2026basisdesk.news
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What to watch

Monitoring the pace of MSTR ATM sales against the remaining $18.84 billion common stock authorization and the $5.02 billion USD Reserve.

September 28, 2026basisdesk.news
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Sources

Built from 1 primary source, machine-checked before publication.

  • SEC EDGAR — Strategy (MSTR) 8-K
September 28, 2026basisdesk.news
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September 28, 2026basisdesk.news
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