Strategy Smash Buys $21.5M in Bitcoin as It Continues BTC Accumulation

Bitcoin juggernaut Strategy, a Nasdaq-listed company with a significant Bitcoin treasury, has resumed its BTC accumulation. The firm spent $21.5 million to acquire an additional 250 bitcoins between October 5 and October 11. This purchase represents a pivot back to weekly accumulation by Strategy. According to a Monday filing, the company also utilized $192.4 million for repurchasing its STRC preferred stock. With these latest transactions, Strategy's total Bitcoin holdings have reached 848,250 BTC.