{
  "id": 10446013,
  "title": "Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666",
  "url": "https://urgent.news/2026/09/28/strategy-buys-1-665-bitcoin-for-143m-as-btc-stack-hits-847-666",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T12:38:01.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/strategy-1665-bitcoin-buy-holdings-847666-btc"
  },
  "original_language": "en",
  "account": "1. Strategy, a company led by Michael Saylor, acquired 1,665 Bitcoin for $142.7 million last week, increasing its total Bitcoin holdings to 847,666 BTC.\n\n2. The Bitcoin purchases were funded by the proceeds from selling 1.47 million shares of MSTR stock, which generated $246.2 million in net proceeds.\n\n3. In addition to the Bitcoin purchases, Strategy also repurchased 1.53 million shares of STRC preferred stock for $151.7 million, using $48.1 million from its US dollar cash holdings.\n\n4. Strategy's average price per Bitcoin during the purchases was $85,681, with the company spending a total of $63.95 billion on its holdings, including fees and expenses.\n\n5. The company's \"USD Cash\" balance decreased to $1 billion from $1.05 billion after using $48.1 million for STRC repurchases, while its US dollar reserve for preferred stock dividends and debt interest fell to $5.02 billion from $5.04 billion after $22.1 million in dividend payments.",
  "summary": "Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Block",
        "title": "‘Even more orange’: Strategy buys 1,665 bitcoin for $143 million as total holdings reach 847,666 BTC",
        "url": "https://urgent.news/2026/09/28/even-more-orange-strategy-buys-1-665-bitcoin-for-143-million-as-total",
        "published": "2026-09-28T12:11:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}