✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #21
Strategy Buys $21.5M in Bitcoin, Repurchases $192M of STRC
Original: Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC
Strategy, the bitcoin-holding company formerly known as MicroStrategy, purchased roughly $21.5 million worth of bitcoin in its latest weekly disclosure while also buying back $192 million of its STRC preferred stock. The dual move shows the firm continuing to accumulate bitcoin even as it manages its capital structure through share repurchases. Observers are watching whether the pace of its purchases is slowing compared with earlier buying streaks.
Why now: Strategy's weekly bitcoin purchase updates routinely draw attention from crypto investors tracking its accumulation and debt management.
StrategyMicroStrategyBitcoinSTRC
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