Strategy Expands Bitcoin Holdings to 640,808 BTC with 390 More Purchased at $111,053 Each

According to official sources cited by COINOTAG News on October 27, Strategy, the largest Bitcoin treasury manager, acquired 390 BTC last week at an average price of $111,053 per coin, a transaction valued at $43.4 million. This move expands the firm’s BTC holdings and aligns with a disciplined, long-term accumulation strategy. Post-trade, Strategy now holds 640,808 BTC, representing a total outlay of approximately $47.44 billion and an average cost basis of $74,032 per BTC. The size and cadence of purchases underscore ongoing institutional demand and a measured approach to cost averaging in the current macro backdrop. Investors will monitor cadence and reserve management as the firm maintains a sizable Bitcoin reserve within a diversified strategy profile.