Strategy adds 4,603 bitcoin to its holdings

Strategy disclosed on Monday that it had bought 4,603 bitcoin for $369.7 million during August 24 to 30. The average purchase price was $80,318, including fees and expenses, bringing its holdings to 845,050 BTC.

The company raised $602.8 million through common-share sales over the period. Alongside the bitcoin purchases, proceeds funded $151.8 million of STRC preferred-stock repurchases, $50.7 million of STRC dividends and a $30 million increase in its cash account.

Strategy reported $1.61 billion in USD Cash and a separate $5.10 billion USD Reserve, including expected proceeds from unsettled share sales. The reserve is intended to support preferred dividends and debt interest.

The filing shows more than another bitcoin purchase. New equity was funding asset accumulation, distributions and adjustments to the company's capital structure at the same time.