Strategy Restarts Bitcoin Buying With $370 Million Purchase

A company has resumed its Bitcoin purchasing strategy after a 10-week hiatus, acquiring 4,603 BTC for about $369.7 million. This purchase was part of a broader balance-sheet overhaul adopted in June, and the company paid an average of $80,318 per Bitcoin during the week ending August 30. The entire purchase was funded using proceeds from share sales, leaving its $5.10 billion USD reserve intact for dividends and debt interest. This move indicates a renewed confidence in Bitcoin as part of its financial strategy, aligning with recent market activity and institutional interest in digital assets.