Strategy reveals that the company resumed increasing its holdings of Bitcoin from August 24 to 30, ending a period of about two months since June during which no purchases were made. After completing the latest round of purchases in the past week, the holding size of this Bitcoin wealth management company has continued to expand.
Position held increased to 845,000 coins
According to documents submitted to the U.S. Securities and Exchange Commission, the company purchased 4,603 bitcoins last week, costing approximately $369.7 million, with an average purchase price of $80,318 per bitcoin. After the transaction was completed, the total number of bitcoins held by Strategy increased to 845,050.
- Bought 4,603 BTC this week.
- Purchase amount of approximately $369.7 million
- Cumulative holdings increased to 845,050 pieces.
According to the company's disclosure, the cumulative purchase cost of this portion of the total holdings is 63.73 billion US dollars, with an overall average cost of approximately 75,412 US dollars per unit.
Sell in summer and then buy back again.
The article shows that Strategy sold 6,948 bitcoins between May and August, cashing in about $432.5 million, which is approximately $62,250 per bitcoin. Now that they have resumed buying, the average transaction price has risen to $80,318.
According to the calculations in the text, the company currently holds 2,345 fewer Bitcoins than before it started selling, but has retained a cash difference of about $63 million. This also means that after a period of selling, the company has returned to a trend of increasing its holdings again.
Total US dollar reserves amount to 6.71 billion US dollars.
The company also disclosed that as of August 30, the amount of USD Reserve used for preferred stock dividends and debt interest payments was $5.1 billion, while the unrestricted USD Cash was $1.61 billion, totaling $6.71 billion.
Strategy also indicates that the company has repurchased STRC worth $152 million. According to its disclosed figures, as of August 30, the company's net leverage was 0.0%.
Adjust the financing structure after June
The article mentioned that after STRC fell below the $100 face value in June, a financing channel previously used by Strategy to purchase Bitcoin was temporarily closed. Subsequently, the company established Digital Credit Capital Framework to adjust subsequent capital arrangements.
Additional information:The data in this text comes from documents submitted by Strategy to the U.S. Securities and Exchange Commission, as well as public information released by Michael Saylor on August 31.
