Strategy Adds 811 Bitcoin in a Week, Lifting Its Total Stack to 849,327 BTC

Between Oct. 26 and Nov. 1, Strategy bought 811 BTC at an average of $80,846 each, spending around $65.5 million, based on a filing with US regulators on Monday. The purchase pushes its total to 849,327 BTC, worth about $65.9 billion, which is more than 4% of bitcoin’s maximum supply. The company paid about $64.1 billion overall, or $75,451 per coin.

How Strategy Funded the Latest Buy

Money came from at-the-market sales of MSTR common stock, with 1,178,552 shares sold for roughly $164 million after a pause the week before. About $18.62 billion of shares can still be sold under that program. Strategy also bought back nearly 2.1 million STRC preferred shares for $208.2 million from its cash reserve, and used $43.4 million to pay preferred dividends. Its USD Reserve stands at $4.79 billion, with $132.7 million in USD Cash.

Strategy Q3 Earnings, CFO Exit and Stock Move

On Thursday, the firm reported $19.5 billion in third quarter net income, driven by a $20.9 billion gain on its bitcoin. Saylor said a new bull market is starting and that bitcoin trades 21% above its 200 week moving average.

Largest Public Bitcoin Treasury Companies

Strategy leads 199 public companies holding bitcoin. Metaplanet follows with 44,000 BTC, then Twenty One with 43,514, Strive with 43,000 and MARA with 35,577.