Strategy acquired 1,665 Bitcoin last week for $142.7 million, according to a September 28, 2026 disclosure published in a Form 8-K SEC filing. The transaction represents the company’s latest corporate treasury addition funded via capital market share distributions.
The enterprise completed the acquisition of 1,665 Bitcoin for $142.7 million between Monday, September 21, and Sunday, September 27, 2026. Strategy paid an average price of $85,681 per coin across the weekly execution window.
This reported average price per token includes all execution fees and transaction expenses. The acquisition cost shows a notable increase from the previous week’s purchase price of $79,670, reflecting higher prevailing market valuations during the late September trading period.
Across its continuous multi-year buying initiative, Strategy has acquired a total of 847,666 BTC for $63.95 billion. The company’s cumulative purchase price across its entire aggregate balance stands at $75,437 per Bitcoin, accounting for all associated fees and expenses.
The accumulated stockpile of 847,666 BTC now represents over 4% of Bitcoin’s hard-capped 21 million supply limit. This milestone cements the company’s status as the largest publicly traded corporate treasury holder of the digital asset worldwide.
Acquisition Details and Execution Price
This purchase followed the acquisition of 950 BTC for $75.7 million during the preceding week. That earlier transaction occurred after the company resumed activity following a period of pausing its bitcoin purchases across the first two weeks of September 2026.
While the prior week’s transaction was funded entirely out of cash balances, the latest deployment relied on equity issuance. Strategy utilized its existing at-the-market equity offering program to monetize common shares directly on public markets.
Regulatory disclosures reveal that Strategy sold 1.47 million MSTR common shares, securing $246.2 million in net proceeds. The company divided these funds between purchasing additional cryptocurrency and repurchasing outstanding preferred shares from market investors.
From the common share sale proceeds, the firm allocated $142.7 million to Bitcoin and $103.5 million to repurchase STRC preferred stock. STRC represents Strategy’s variable rate Series A perpetual preferred stock listed on the Nasdaq market.
In total, Strategy repurchased 1.53 million STRC shares for $151.7 million during the reporting period. To supplement the $103.5 million from stock sales, the company pulled $48.1 million directly from its operational US dollar cash reserves.
Cash Reserves and Dividend Commitments
This dual capital operation highlights the ongoing discussion surrounding corporate bitcoin leverage dynamics and liquid liquidity buffers. Strategy must balance capital returns to equity holders against servicing fixed-income yields and maintaining cash reserves.
Following the $48.1 million withdrawal for STRC repurchases, Strategy’s “USD Cash” balance decreased from $1.05 billion to $1.00 billion week over week. The firm maintains this cash pool for corporate treasury actions, debt management, and future coin purchases.
Concurrently, the company maintains a separate pool designated as “USD Reserve,” intended to cover ongoing preferred stock dividend payments and interest obligations on debt. This specific reserve declined to $5.02 billion from $5.04 billion in the previous week.
The $22.1 million outflow from the USD Reserve supported scheduled dividend payments across preferred equity series. Strategy maintains this multi-billion dollar safety buffer to manage obligations without being forced to liquidate its core cryptocurrency balance.
The next documented corporate milestone is a special meeting of stockholders scheduled for October 28, 2026. Shareholders will vote on amendments proposing daily dividend record dates across four preferred series, including STRC, STRF, STRK, and STRD.
This article is for informational purposes only and does not constitute financial advice.
