Strategy Buys $143M in Bitcoin, Holdings Hit 847,666 BTC
14 Articles
14 Articles
Strategy sets record 847,666 BTC after $143M buy and $152M STRC buyback
Strategy (NASDAQ: MSTR) has recovered all of the Bitcoin it sold and pushed its reserves to new record levels after paying $142.7 million for 1,665 BTC over the last week. The firm’s SEC filing also confirmed that it spent another $151.7 million repurchasing its own STRC preferred stock. The purchase disclosed in the 8-K filed...
Strategy Buys 1,665 More Bitcoin as Its BTC Treasury Hits 847,666
Strategy’s bitcoin shopping spree has rolled into another week, but this time, the company was buying back its own securities, too. Between Sept. 21 and Sept. 27, the firm acquired 1,665 BTC at an average price of $85,681 per coin, including fees and expenses. The purchase pushed its holdings to 847,666 BTC, accumulated for approximately […]
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