Strategy sold 6,948 BTC between May and August for approximately $432.5 million, or roughly $62,250 per bitcoin. The company bought back 4,603 BTC on Monday for $369.7 million at an average price of $80,318, which is 29% higher than the coins it sold. This move was triggered by STRC shares falling below their $100 par value, which temporarily closed the equity funding route and forced Strategy to sell Bitcoin; the stock’s recovery allowed a return to the classic playbook. MSTR shares rose 5% for the week despite selling $600 million in stock, and Bitcoin ETFs recorded $217 million in net inflows. Strive also purchased 1,800 BTC for roughly $143 million and Bitmine made its largest Ethereum purchase since June.
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