MarketPR
restarted its Bitcoin accumulation after a 10-week pause, purchasing $369.7 million in tokens during the week ended Aug. 30, according to a filing released on Monday.
The move marks a return to the company's signature strategy following a period where crypto market declines pressured its shares and challenged confidence in its financing model.
The company, co-founded and led by Michael Saylor, funded the purchases partly through a $602.8 million raise via common stock sales. Strategy also bought back $151.8 million of preferred shares during the same period.
The firm currently holds approximately $73 billion in Bitcoin, maintaining its position as the largest corporate buyer of the asset.
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