Strategy Stock Has Nearly Doubled from Its June Low as Bitcoin Buying Continues

Dow Jones10-05 22:42

Strategy, the largest corporate holder of Bitcoin, bought another $29 million of the cryptocurrency, it disclosed Monday.

Strategy, formerly known as MicroStrategy, disclosed in a Securities and Exchange Commission filing that it acquired 334 Bitcoin between Oct. 1 and Oct. 4 at an average cost of $85,838.80 per token. The company acquired its trove of 848,000 Bitcoin for about $64 billion, at an average purchase price of about $75,440.70 per token, according to the regulatory filing.

The company separately disclosed it sold 93,000 common shares, raising $15.7 million, and repurchased $74 million in preferred stock during the same period.

Bitcoin rose 1.3% over the last 24 hours to $86,421.90 on Monday, according to CoinDesk.

Strategy's latest purchases come as Bitcoin has traded near its highest level since January in recent weeks. The cryptocurrency hit an intraday high of just over $87,000 on Sept. 21, though it traded lower before it returned to the $86,000 mark last week.

Shares of Strategy rose 2.2% to $163.61. The stock has surged 99% since hitting a 52-week closing low of $82.32 on June 26, according to Dow Jones Market Data. Robinhood Markets added 1.1%, and Coinbase advanced 3.6%.

Strategy, whose shares are watched by investors as an equity proxy for Bitcoin, disclosed its previous purchase of the cryptocurrency two weeks earlier. The company said on Sept. 28 it bought $143 million in Bitcoin, just a week after spending $397 million on the cryptocurrency.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2673836940?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-05 22:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2673836940","market":"hk","top_or_hot":-1,"title":"Strategy Stock Has Nearly Doubled from Its June Low as Bitcoin Buying Continues","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     <a href=\"https://laohu8.com/S/STRF\">Strategy</a>, the largest corporate holder of Bitcoin, bought another $29 million of the cryptocurrency, it disclosed Monday. \n</p>\n<p>\n     Strategy, formerly known as MicroStrategy, disclosed in a Securities and Exchange Commission filing that it acquired 334 Bitcoin between Oct. 1 and Oct. 4 at an average cost of $85,838.80 per token. The company acquired its trove of 848,000 Bitcoin for about $64 billion, at an average purchase price of about $75,440.70 per token, according to the regulatory filing. \n</p>\n<p>\n     The company separately disclosed it sold 93,000 common shares, raising $15.7 million, and repurchased $74 million in preferred stock during the same period. \n</p>\n<p>\n     Bitcoin rose 1.3% over the last 24 hours to $86,421.90 on Monday, according to CoinDesk. \n</p>\n<p>\n     Strategy's latest purchases come as Bitcoin has traded near its highest level since January in recent weeks. The cryptocurrency hit an intraday high of just over $87,000 on Sept. 21, though it traded lower before it returned to the $86,000 mark last week. \n</p>\n<p>\n     Shares of Strategy rose 2.2% to $163.61. The stock has surged 99% since hitting a 52-week closing low of $82.32 on June 26, according to Dow Jones Market Data. Robinhood Markets added 1.1%, and Coinbase advanced 3.6%. \n</p>\n<p>\n     Strategy, whose shares are watched by investors as an equity proxy for Bitcoin, disclosed its previous purchase of the cryptocurrency two weeks earlier. The company said on Sept. 28 it bought $143 million in Bitcoin, just a week after spending $397 million on the cryptocurrency. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strategy Stock Has Nearly Doubled from Its June Low as Bitcoin Buying Continues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStrategy Stock Has Nearly Doubled from Its June Low as Bitcoin Buying Continues\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-10-05 22:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     <a href=\"https://laohu8.com/S/STRF\">Strategy</a>, the largest corporate holder of Bitcoin, bought another $29 million of the cryptocurrency, it disclosed Monday. \n</p>\n<p>\n     Strategy, formerly known as MicroStrategy, disclosed in a Securities and Exchange Commission filing that it acquired 334 Bitcoin between Oct. 1 and Oct. 4 at an average cost of $85,838.80 per token. The company acquired its trove of 848,000 Bitcoin for about $64 billion, at an average purchase price of about $75,440.70 per token, according to the regulatory filing. \n</p>\n<p>\n     The company separately disclosed it sold 93,000 common shares, raising $15.7 million, and repurchased $74 million in preferred stock during the same period. \n</p>\n<p>\n     Bitcoin rose 1.3% over the last 24 hours to $86,421.90 on Monday, according to CoinDesk. \n</p>\n<p>\n     Strategy's latest purchases come as Bitcoin has traded near its highest level since January in recent weeks. The cryptocurrency hit an intraday high of just over $87,000 on Sept. 21, though it traded lower before it returned to the $86,000 mark last week. \n</p>\n<p>\n     Shares of Strategy rose 2.2% to $163.61. The stock has surged 99% since hitting a 52-week closing low of $82.32 on June 26, according to Dow Jones Market Data. Robinhood Markets added 1.1%, and Coinbase advanced 3.6%. \n</p>\n<p>\n     Strategy, whose shares are watched by investors as an equity proxy for Bitcoin, disclosed its previous purchase of the cryptocurrency two weeks earlier. The company said on Sept. 28 it bought $143 million in Bitcoin, just a week after spending $397 million on the cryptocurrency. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2673836940","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2673836940","pubTimestamp":1791211320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Strategy, the largest corporate holder of Bitcoin, bought another $29 million of the cryptocurrency, it disclosed Monday.Strategy, formerly known as MicroStrategy, disclosed in a Securities and Exchan","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"随着比特币继续购买，Strategy 股价较 6 月低点几乎翻了一番","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/53b6c3755e327b0a7cc6e21c6b1d86b5","symbols_score_info":{"BFJL":0.6,"CRPT":0.6,"BTCZ":0.6,"BCCC":0.6,"BTCO":0.6,"BITB":0.6,"BITQ":0.6,"CBOO":0.6,"MAXI":0.6,"BETE":0.6,"MSTZ":0.6,"07799":0.6,"MSTX":0.6,"MTYY":0.6,"MSTR":1.96,"EZBC":0.6,"MSTY":0.6,"GBTC":0.6,"MST":0.6,"MSTU":0.6,"BTCC":0.6,"MNRS":0.6,"WNTR":0.6,"BITO":0.6,"CBOA":0.6,"MSTY.UK":0.6,"ARKB":0.6,"MSTW":0.6,"BAGY":0.6,"3SMI.UK":0.6,"CBTO":0.6,"BITU":0.6,"SBIT":0.6,"LMI3.UK":0.6,"BETH":0.6,"MSOO":0.6,"BITX":0.6,"BPI":0.6,"MSDD":0.6,"CBOJ":0.6,"FBTC":0.6,"MSTP":0.6,"09799":0.6,"QBF":0.6,"MSII":0.6,"IMST":0.6,"CBTY":0.6,"BRRR":0.6,"MSST":0.6,"MSTK":0.6,"CBXA":0.6,"XBTY":0.6,"3LMI.UK":0.6,"SMI3.UK":0.6,"SMST":0.6,"CBXY":0.6,"09399":0.6,"MSTC":0.6,"BTF":0.6,"BITI":0.6,"CBXJ":0.6,"DEFI":0.6,"IBIT":0.6,"BTRN":0.6,"BITY":0.6,"CBXO":0.6,"BTC":1.94,"BTCI":0.6,"APED":0.6,"BTCL":0.6,"CBTA":0.6,"DFII":0.6,"OWNB":0.6,"07399":0.6,"CBTJ":0.6,"BFAP":0.6,"YBTC":0.6,"CBOY":0.6,"HODL":0.6,"BTCW":0.6},"content_text":"Strategy, the largest corporate holder of Bitcoin, bought another $29 million of the cryptocurrency, it disclosed Monday. \n\n\n     Strategy, formerly known as MicroStrategy, disclosed in a Securities and Exchange Commission filing that it acquired 334 Bitcoin between Oct. 1 and Oct. 4 at an average cost of $85,838.80 per token. The company acquired its trove of 848,000 Bitcoin for about $64 billion, at an average purchase price of about $75,440.70 per token, according to the regulatory filing. \n\n\n     The company separately disclosed it sold 93,000 common shares, raising $15.7 million, and repurchased $74 million in preferred stock during the same period. \n\n\n     Bitcoin rose 1.3% over the last 24 hours to $86,421.90 on Monday, according to CoinDesk. \n\n\n     Strategy's latest purchases come as Bitcoin has traded near its highest level since January in recent weeks. The cryptocurrency hit an intraday high of just over $87,000 on Sept. 21, though it traded lower before it returned to the $86,000 mark last week. \n\n\n     Shares of Strategy rose 2.2% to $163.61. The stock has surged 99% since hitting a 52-week closing low of $82.32 on June 26, according to Dow Jones Market Data. Robinhood Markets added 1.1%, and Coinbase advanced 3.6%. \n\n\n     Strategy, whose shares are watched by investors as an equity proxy for Bitcoin, disclosed its previous purchase of the cryptocurrency two weeks earlier. The company said on Sept. 28 it bought $143 million in Bitcoin, just a week after spending $397 million on the cryptocurrency.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2673836940","isCrawlerRequest":true}