Strategy Spends $208M on STRC Buybacks, Buys $65.5M Bitcoin

Strategy Spends $208M on STRC Buybacks, Buys $65.5M Bitcoin

Strategy spent $208.2 million buying back STRC preferred shares and $65.5 million on Bitcoin, while allocating $98.5 million to its USD Cash balance.

Strategy spends triple its weekly Bitcoin outlay on STRC buybacks

Strategy spent $208.2 million buying back STRC preferred shares and $65.5 million on Bitcoin, while allocating $98.5 million to its USD Cash balance. Michael Saylor’s Strategy spent more than three times as much buying back its STRC preferred shares as it did acquiring Bitcoin last week. Strategy repurchased $208.2 million in STRC and spent about […]

Strategy buys 811 bitcoin and repurchases preferred shares

The company allocated US$98.5M of new common-share proceeds to cash while funding preferred buybacks from its general-purpose cash account.

Strategy Expands Bitcoin Treasury To 849K Tokens After $66M Purchase

TL;DR Bitcoin Purchase: Strategy acquired 811 BTC for $65.5 million at an average price of $80,846 per coin after a one-week pause in buying activity. Growing Holdings: Total Bitcoin holdings reached 849,327 BTC, purchased for about $64.1 billion at an average cost of roughly $75,451 per Bitcoin. Financial Position: The company reported $19.5 billion in ...

Strategy acquires 811 BTC and extends STRC repurchase program

Strategy acquired another 811 BTC and used some of its cash to buy back preferred STRC shares. The latest weekly purchase follows the trends of small BTC additions, while attempting to support STRC. Strategy acquired 811 BTC at an average price of $80,846 per BTC, accumulating the coins between October 26 and November 1. As of November 2, the average acquisition cost of Strategy is $75,451 per BTC, putting the company with a slight unrealized ga…