Strategy acquired 334 BTC for $28.7 million between October 1 and 4, bringing its holdings to 848,000 BTC. The company also repurchased $176.3 million of its Stretch (STRC) preferred stock, primarily funded from its dollar reserves. It estimates a gain of $20.91 billion on digital assets in the third quarter, against $1.88 billion of associated deferred tax expense. The average purchase price of recent BTC was $85,838.80, nearly 14% above the historical average cost of $75,440.70.
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