✉news BusinessCrypto first seen 17 h ago, last 9 min ago, peak #1
Strategy Buys 250 More Bitcoin and Repurchases $192 Million of STRC Stock
Original: Strategy Acquires 250 BTC and Repurchases $192 Million of STRC
Strategy, the bitcoin-focused company formerly known as MicroStrategy, announced it purchased an additional 250 bitcoin while also repurchasing $192 million of its STRC preferred stock. The move continues the firm's long-running accumulation strategy even as it manages its capital structure, drawing attention from investors tracking corporate bitcoin holdings.
Why now: Strategy is the largest corporate bitcoin holder, so its continued purchases and share buybacks are closely watched by crypto and equity investors.
StrategyMicroStrategyBitcoinSTRC
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- Strategy Acquires 250 BTC and Repurchases $192 Million of STRC · MSTR Metrics - Strategy
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