Strategy Resumes Bitcoin (BTC) Buying With 950 BTC Purchase After Two-Week Pause

Strategy Ends Two-Week Buying Pause

Strategy, the world's largest publicly traded Bitcoin (BTC) treasury company, has resumed its accumulation program after a two-week pause, adding 950 BTC for $75.7 million. The acquisition, executed between Sept. 14 and Sept. 20 at an average price of $79,670 per coin including fees and expenses, was disclosed in a Form 8-K filing with the U.S. Securities and Exchange Commission on Monday. The purchase lifted total holdings to 846,000 BTC, acquired for a cumulative $63.80 billion at an average cost of $75,416 per Bitcoin. Notably, the company funded the buy entirely from its existing dollar balance — no shares were sold through its at-the-market programs during the period — cementing its role as the de facto corporate strategic Bitcoin reserve.

STRC Buybacks Outpace Bitcoin Spend

Preferred-stock repurchases again dwarfed the Bitcoin (BTC) outlay. Strategy bought back roughly 1.77 million STRC shares for $174 million in the same reporting week — more than double what it spent on the 950 coins. STRC, the Nasdaq-listed perpetual preferred engineered to trade near its $100 stated amount, closed Friday at $98.51 and fetched $98.85 in Monday premarket trading. Buybacks since July 20 have consumed roughly $950.8 million across nearly 9.96 million shares, pushing total spending past the $1 billion mark, with $875.1 million in authorization still available and a separate $1 billion MSTR common-stock program untouched. Chief Executive Phong Le has framed the logic plainly: retiring preferred securities below $100 trims future dividend obligations at a discount.

A Smaller Buy Than August

The August comparison shows how far the buying engine has throttled down. Strategy's previous acquisition landed Aug. 31, ending a ten-week drought with 4,603 BTC bought for $369.7 million at an average of $80,318 — financed by selling 4.53 million MSTR shares for $602.8 million in net proceeds. Last week's order was roughly 79% smaller in dollar terms. Executive Chairman Michael Saylor teased the disclosure Sunday with a one-line post reading “A little more orange,” but the filing reveals a deliberate, cash-first approach rather than a leveraged sprint. The purchase also restores the balance to the 846,000 Bitcoin (BTC) level reported at the end of the second quarter, before July and August activity trimmed it — a restraint that lands even as corporate Bitcoin consolidation accelerates sector-wide.

Strive Adds 1,355 BTC

Strategy was not the only buyer. Strive, the fifth-largest corporate Bitcoin holder, disclosed Monday that it acquired 1,355 BTC last week, lifting its treasury to 26,355 BTC. The addition followed an early-September purchase of 469 BTC for roughly $36.6 million at an average of $77,954 per coin, funded through proceeds from its SATA preferred stock, and a late-August order of 1,800 BTC for about $143 million. ASST shares gained 6.44% to $32.03 in Monday premarket trading after the disclosure. As these corporate crypto whale balances swell, listed treasury firms are becoming a structural bid beneath the market — a flow that in quiet weeks increasingly shapes spot exchange dynamics.

MSTR Gains on $8B Paper Profit

Markets rewarded the return to buying, extending the short-squeeze rally past $84,000. Strategy shares rose 7.4% to $165.20 in Monday premarket trading. At a Bitcoin price near $84,925 when the filing hit, the company's stack was worth roughly $71.85 billion — an unrealized gain of about $8.05 billion on the $63.80 billion cost basis. BitcoinTreasuries data shows MSTR trading at 0.88 times the value of the Bitcoin behind it, a discount buybacks have yet to close. Neither company has signaled any intent to sell; the posture remains pure HODL, with the stack held as a long-term balance-sheet asset — background reading in our Bitcoin (BTC) primer. Readers tracking the market in real time can follow live spot and futures prices on Bitget.

$81,741 Support Holds the Key

The filing also detailed the cash drawdown behind the week's spending. Strategy used $57.4 million from its USD Reserve to cover preferred-stock dividends and debt interest, leaving that balance at $5.04 billion as of Sept. 20, down from $5.10 billion a week earlier, while USD Cash fell from $1.30 billion to $1.05 billion after absorbing the Bitcoin purchase and the STRC repurchase — a combined $6.09 billion in dollar assets that Saylor cited in his X post. The filing repurchased 1,751,480 STRC shares at an average of about $99.34, leaving roughly $876 million of authorization. Holdings remain 1,363 coins short of the company's reported peak of 847,363 BTC set on June 22, and the disclosure follows an earlier August sale of 1,690 BTC that had trimmed the stack to 840,447 before subsequent buying restored it.

(as of 02:30 UTC) COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $81,741.54 support at 71/100 (STRONG), driven by the Fibo 0.236, a flip of resistance into support and the Ichimoku Tenkan and Kijun, with a secondary shelf at $79,890.00 scoring 67/100 via a flip R→S, an LVN, the Supertrend and S2. Upside, the $86,344.70 Donchian Upper/Fibo 0.000 level (76/100) sits immediately overhead before the $94,549.91 Fibonacci 1.272 extension (54/100) and the $98,288.76 Fibo 1.414 level (42/100). Spot prints $85,778.00, up 5.38% in 24 hours, with RSI at 70.07, a bullish MACD and an intact uptrend. Derivatives positioning stays balanced: funding at 0.0069%, open interest of $18.4 billion and a 0.98 long/short account ratio argue against crowding, while a Fear & Greed Index of 78 confirms extreme-greed sentiment. Bullish case: clear $86,344 and break toward the $94,549 extension to target $98,288. A daily close below $81,741 invalidates the thesis.