Michael Saylor's Strategy Inc. resumes Bitcoin purchases after a 10-week pause.

These tokens were acquired at an average price of $80,318 each. Executive Chairman Michael Saylor led the company in raising $602.8 million through the sale of common stock to fund these purchases. The remaining proceeds were used to buy back $151.8 million in preferred shares and to bolster the company's cash reserves. Strategy Inc. now holds a845,050 Bitcoin tokens with a total cost basis of $63.73 billion. The company recently underwent a balance-sheet overhaul to improve its financing model. This included creating a separate cash pool alongside its existing reserve to provide management with more flexibility for debt payments and dividends. While the company's shares have traded lower over the past year, the recent rebound in Bitcoin's price has helped lift the company's market capitalization.