Strategy buys 334 BTC for $28.7M, repurchases $176M in preferred stock, posts $21B Q3 gain

Strategy acquired 334 BTC for $28.7 million at an average price of $85,839, bringing total holdings to 848,000 BTC, alongside a $5.7 billion USD cash reserve. In the first week of October the company also repurchased $176.3 million of its preferred stock and reported an estimated $20.91 billion gain on digital assets for Q3, per its SEC Form 8-K filing.

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