Strategy Hits 848K Bitcoin as STRC Buybacks Surge
8 Articles
8 Articles
Strategy Hits 848,000 BTC but Spends 6x More on STRC Buybacks Bitcoin News ETHNews
Strategy now holds a record 848,000 BTC. The company spent far more on STRC preferred stock buybacks than on Bitcoin. Strategy estimates a $20.91 billion gain on digital assets for the third quarter. Bitcoin trades just below a resistance level that has capped the price since late September. Strategy bought 334 BTC for $28.7 million […]
Michael Saylor's company invests an additional $28.7 million in full volatility and raises the acquisition value of its giant Bitcoin reserve to $63,970 million.
The strategy of famous Bitcoin maximalist Michael Saylor bought exactly 334 units between October 1st and 4th...
Strategy purchased 334 BTC for $28.7 million and raised its reserve to 848,000 units. Michael Saylor said the company earned a $21 billion gain in digital assets during the third quarter, while combining stock and cash sales to finance its operations.
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