---
title: "Strategy Buys 1,665 Bitcoin for $142.7M as Saylor Promises 'Even More Orange'"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300309329.md"
description: "Strategy purchased 1,665 Bitcoin for $142.7 million, raising its total holdings to 847,666 BTC. The acquisition was funded by selling 1.47 million MSTR shares via an at-the-market program, netting $246.2 million. Additionally, the company repurchased 1.53 million STRC preferred shares for $151.7 million. This marks the second consecutive weekly purchase, following Michael Saylor's 'Even more orange' announcement."
datetime: "2026-09-28T12:57:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300309329.md)
  - [en](https://longbridge.com/en/news/300309329.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300309329.md)
generator: "portal-rs"
---

# Strategy Buys 1,665 Bitcoin for $142.7M as Saylor Promises 'Even More Orange'

**Strategy** (NASDAQ:MSTR) bought 1,665 **Bitcoin** (CRYPTO: BTC) for $142.7 million last week, its second straight weekly purchase, after **Michael Saylor’s** Sunday “Even more orange” post.

### What the Filing Shows

According to a Monday 8-K filing, Strategy bought the Bitcoin between Sept. 21 and Sept. 27 at an average of $85,681 per coin. 

Total holdings now stand at 847,666 BTC, acquired for $63.95 billion at an average of $75,437 per coin.

Unlike recent weeks, Strategy funded the buy by selling stock. It sold 1.47 million MSTR shares through its at-the-market program for $246.2 million in net proceeds, then split the money:

-   $142.7 million — Bitcoin purchase
-   $103.5 million — STRC preferred share buybacks

Strategy also repurchased 1.53 million STRC shares for $151.7 million in total, covering the remaining $48.1 million from its cash balance. 

The USD reserve holds $5.02 billion, plus $1 billion in additional cash, after $22.1 million went to preferred dividends. 

Strategy has $723.5 million left for preferred repurchases and $1 billion authorized for MSTR buybacks.

### Why This Second Purchase Matters

As Benzinga reported Sept. 21, Strategy bought 950 BTC for $75.7 million the week before, ending a stretch of skipped weeks. 

Together, the two purchases total 2,615 BTC for $218.4 million. The shift back to stock sales for funding also marks a change from last week’s buy, which came from the USD reserve.

Saylor’s Sunday post followed the usual pattern, as similar tracker posts have typically preceded Monday purchase announcements.

### MSTR Price Analysis: Key Levels to Watch

MSTR closed Friday at $158.61, down 1.86%, cooling off after reclaiming the 200-day EMA at $152.68 and breaking the descending trendline from May’s highs. 

Premarket sits near $157.43, a mild 0.5% dip. The SAR at $133.46 stays well below price, so the uptrend remains intact.

#### Key levels for MSTR:

-   $169.52 — recent swing high, resistance above
-   $152.68 — 200-day EMA, key support

*Photo via Shutterstock*

 **Read Also: Bitcoin Falls to $83,000 as Gold Plunges 3% on Fresh Oil Price Surge**

### Related Stocks

- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md)
- [STRC.US](https://longbridge.com/en/quote/STRC.US.md)
- [STRK.US](https://longbridge.com/en/quote/STRK.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [HODL.US](https://longbridge.com/en/quote/HODL.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [IMST.US](https://longbridge.com/en/quote/IMST.US.md)
- [MSDD.US](https://longbridge.com/en/quote/MSDD.US.md)
- [MSOO.US](https://longbridge.com/en/quote/MSOO.US.md)
- [MSST.US](https://longbridge.com/en/quote/MSST.US.md)
- [MST.US](https://longbridge.com/en/quote/MST.US.md)
- [MSTP.US](https://longbridge.com/en/quote/MSTP.US.md)
- [MSTU.US](https://longbridge.com/en/quote/MSTU.US.md)
- [MSTW.US](https://longbridge.com/en/quote/MSTW.US.md)
- [MSTX.US](https://longbridge.com/en/quote/MSTX.US.md)
- [MSTY.US](https://longbridge.com/en/quote/MSTY.US.md)
- [MSTZ.US](https://longbridge.com/en/quote/MSTZ.US.md)
- [MTYY.US](https://longbridge.com/en/quote/MTYY.US.md)
- [SMST.US](https://longbridge.com/en/quote/SMST.US.md)
- [WNTR.US](https://longbridge.com/en/quote/WNTR.US.md)
- [03008.HK](https://longbridge.com/en/quote/03008.HK.md)
- [03042.HK](https://longbridge.com/en/quote/03042.HK.md)
- [03430.HK](https://longbridge.com/en/quote/03430.HK.md)
- [07799.HK](https://longbridge.com/en/quote/07799.HK.md)
- [09399.HK](https://longbridge.com/en/quote/09399.HK.md)
- [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md)
- [STRF.US](https://longbridge.com/en/quote/STRF.US.md)
- [STRD.US](https://longbridge.com/en/quote/STRD.US.md)

## Related News & Research

- [Strategy Buys 950 Bitcoin For $76M as MSTR Surges 8%: What's Going On?](https://longbridge.com/en/news/299660862.md)
- [Michael Saylor Says, 'A Little More Orange': Will Strategy Report BTC Purchases After Hitting Pause for 3 Weeks?](https://longbridge.com/en/news/299601303.md)
- [Hyperscale Data plans Patriot BTC unit to house bitcoin mining assets in reorganization](https://longbridge.com/en/news/299745910.md)
- [Strategy Wants To Pay Preferred Stock Dividends Every Day](https://longbridge.com/en/news/300205918.md)
- [Zest Protocol launches Bitcoin Collateral Vaults Mainnet demo — Details](https://longbridge.com/en/news/299880945.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**