Strategy pauses bitcoin buys, repurchases $205 million of STRC preferred shares
7 outlets · first seen 1d ago · latest 1d ago
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The Blockfirst seen
Strategy pauses bitcoin buys, repurchases $205 million of STRC preferred shares
Strategy's bitcoin holdings account for roughly 4% of the total supply cap, with $3.9 billion in paper gains.
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Decrypt
Strategy Pauses Bitcoin Buying, Spends $205M Buying Back STRC
The Bitcoin treasury firm's USD Cash balance fell to $242.4 million after its biggest weekly STRC buyback in more than a month.
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Cointelegraph.com News
Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million.
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Bitcoin News
Strategy Skips Bitcoin Buy, Spends $205M Repurchasing STRC Instead
Michael Saylor’s Strategy paused its bitcoin accumulation last week, instead spending nearly $205 million repurchasing its preferred shares as the company continues to reshape its capital structure. Strategy Stockpiles More STRC Strategy (Nasdaq: MSTR), the world’s largest publicly traded corporate holder of bitcoin, disclosed Monday that it repurchased 2,068,459 shares of its variable-rate Stretch preferred […]
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Bitcoin Magazine
Strategy (MSTR) Pauses Bitcoin Buying and Spends $205 Million on Preferred Stock
Bitcoin Magazine Strategy (MSTR) Pauses Bitcoin Buying and Spends $205 Million on Preferred Stock Strategy reported no bitcoin purchases or sales during the week of October 19 through 25. The company continues to hold 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per bitcoin. Its cash went toward repurchasing $204.9 million of STRC preferred stock, and…
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Blockonomi
Strategy Skips Bitcoin Buys as MSTR Faces Fresh Pressure
TLDR Strategy stock declined Monday as the company paused Bitcoin purchases during the previous week. Strategy repurchased 2,068,459 STRC preferred shares for $204.9 million using cash. The company maintained 848,517 BTC, acquired for $64.02 billion at an average of $75,446. Strategy reported $4.83 billion in dollar reserves and $242.4 million in additional cash. Bitcoin traded near $80,000 ahead of the…
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CryptoSlate
Strategy makes record $205 million STRC buyback as Strive spends $511 million on Bitcoin
Bitcoin treasury firms Strategy and Strive made record purchases last week, but directed their capital toward different assets. While Michael Saylor's Strategy intensified its preferred-stock buybacks, Strive accelerated its Bitcoin accumulation, highlighting diverging priorities in how the companies deploy capital. Strategy's STRC purchases exceed $2 billion Strategy's Bitcoin buying streak ended after five consecutive weeks…