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- 1Strategy Inc. Pauses Bitcoin Purchases, Shifts to Share Buybacks●Strategy Inc. Pauses Bitcoin Purchases as Preferred-Share Repurchases Increase
Strategy Inc., the largest corporate holder of bitcoin, has paused its bitcoin purchases while increasing repurchases of its preferred shares. The move suggests the company is prioritising supporting its share prices and capital structure over expanding its bitcoin treasury for now, a notable shift for a firm whose identity has been built around continuous bitcoin accumulation. Investors will be watching whether the pause signals a change in strategy or a temporary adjustment to market conditions.
- 2Florida firefighters rescue red-shouldered hawk from storm drain●Florida firefighters pull red-shouldered hawk from flooded storm drain
Firefighters in Florida rescued a red-shouldered hawk that became trapped in a flooded storm drain. The bird was pulled out safely and handed over for care. The rescue has drawn attention as heavy storms continue to batter the state, stranding wildlife and causing flooding in many areas.