Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666
60-second summary
Strategy purchases 1,665 Bitcoin for roughly $143 million, raising its total BTC holdings to 847,666 coins after selling 1.47 million MicroStrategy shares for $246.2 million and allocating the cash toward the crypto buys and STRC preferred‑stock repurchases; the move signals continued institutional confidence in Bitcoin’s upside, potentially supporting price momentum and reinforcing crypto’s growing asset‑class status.
Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases.