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847,666 BTC: Why everyone is talking about Strategy's $143M buy

2026-09-29

Michael Saylor's firm Strategy increased its cryptocurrency holdings by acquiring 1,665 Bitcoin for $142.7 million during the previous week. The purchases took place between Monday and Sunday at an average execution price of $85,681 per token. This transaction brought the enterprise's overall reserve total to 847,666 BTC.

Capital for the accumulation was raised by selling 1.47 million MSTR common shares, generating $246.2 million in gross proceeds. Beyond adding to its token reserves, the business directed a portion of the raised capital toward repurchasing its STRC preferred stock. These details were made public on September 28, 2026.

Market prices reported at the time listed Bitcoin trading at $82,895.26, with Ethereum at $2,664.57 and Solana at $118.12. Additional token listings included Binance Coin at $758.78, XRP at $1.48, and Zcash at $1,535.39.

For derivative traders holding active perpetual contracts across major venues like Bitget, Bybit, MEXC, or OKX, corporate treasury additions change nothing directly about open positions. Funding rates, platform fees, and contract liquidity remain determined by immediate order book activity rather than corporate balance sheet updates.

Source: cointelegraph — Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666

Price today: Bitcoin · Ethereum · Solana · XRP

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