Strategy Buys 1,665 More Bitcoin, Raising Holdings to 847,666 BTC

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Strategy, the largest publicly traded corporate holder of Bitcoin, bought 1,665 more tokens for about $142.7 million.

According to a filing submitted to the US Securities and Exchange Commission on September 28, the company bought the Bitcoin between September 21 and September 27 at an average price of $85,681 per token.

The purchase raised Strategy’s total Bitcoin holdings to 847,666 BTC. That is more than 4% of Bitcoin’s maximum supply of 21 million tokens. Including fees and expenses, the company’s cumulative Bitcoin purchases total about $64 billion, with an average purchase price of $75,437.

Strategy Chairman Michael Saylor said the company’s Bitcoin holdings are now valued at about $70.6 billion, giving it roughly $6.6 billion in unrealized gains.