Strategy ($MSTR) purchased 1,036 bitcoin for $81.9 million during November 2–8, bringing its total holdings to 850,364 BTC, according to its November 9 SEC filing. The company funded the purchases through common-stock sales and separately spent $188.3 million repurchasing preferred shares.

• The latest bitcoin purchases averaged $79,012 per coin, including fees and expenses.
• Strategy’s total bitcoin acquisition cost reached $64.16 billion, averaging $75,456 per coin.
• The company sold 2,051,348 common shares through its at-the-market program, generating $283.8 million in net proceeds.
• Of those proceeds, $81.9 million funded bitcoin purchases, $188.3 million funded repurchases of 1,887,464 STRC preferred shares, and $13.6 million was allocated to USD Cash.
• Strategy’s USD Reserve totaled $4.77 billion after funding $21.1 million in preferred dividends. Separately, USD Cash totaled $146.2 million.

Relevant Companies

• Strategy ($MSTR): Expanded its bitcoin holdings and repurchased preferred shares using proceeds from common-stock issuance.

Editor’s Note: This is a developing story. This article may be updated as more details become available.