Strategy (MSTR) splashed $369.7 million to acquire 4,603 Bitcoin (BTC) for its corporate treasury last week, its first purchase since June.

Strategy funds Bitcoin purchase and STRC buybacks through ATM proceeds

The company’s BTC acquisition last week averaged $80,318 per BTC, boosting its total holdings to 845,050 BTC, according to a filing with the US Securities and Exchange Commission (SEC) on Monday.

Strategy funded the purchases with proceeds from its at-the-market (ATM) stock offering program, which generated $602.8 million from sales of its Class A common stock (MSTR). The company allocated $369.7 million from the proceeds toward Bitcoin purchases.

Strategy also repurchased 1.5 million shares of its STRC preferred stock for $151.8…