Strategy purchased 250 BTC for $21.5 million between October 5 and 11, bringing its total holdings to 848,250 BTC with an overall acquisition cost of approximately $64 billion, averaging about $75,444 per coin. The company also repurchased 1.93 million STRC preferred shares for $192.4 million, nearly nine times the amount spent on Bitcoin that week. MSTR stock traded around $151.07 on October 12, down 2.12%, approaching a support area between $147 and $150. Strategy funded the Bitcoin purchase by selling 125,183 MSTR shares for $21 million, which increases the supply of common shares and affects existing shareholders.
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