15h ago

Strategy repurchases 4,603 BTC at $80,318 after selling 6,916 BTC at $62,081 in late June–early August

AI Market Summary

Strategy's disclosure highlights renewed institutional-style spot demand: it repurchased 4,603 BTC at ~$80,318 after selling 6,916 BTC near ~$62,081, leaving holdings at 845,050 BTC. The buyback ended a 10-week pause and was financed via ATM equity issuance, while net leverage fell to 0 and cash reserves rose. Near-term, this supports BTC flow narratives but underscores execution and dilution risk.

Impact level

● Medium

Affected assets

BTC/USDT-1.64%

AI Insight · BTC/USDTAI Insight

● Neutral

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MicroStrategy (now Strategy) sold about 6,916 BTC from late June to early August for roughly $429–$432 million at an average price of about $62,081 per coin. After a 10-week pause, it bought back 4,603 BTC last week for $369.7 million at an average of $80,318, about $17,800 or 29% higher than its sale price. Strategy now holds 845,050 BTC, and its net leverage has been reduced to zero.

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