MicroStrategy Buys Just 334 Bitcoin, Spends 6x More on Buybacks: What Changed?
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MicroStrategy purchased 334 BTC for about $25.5 million, while spending roughly six times more—$147 million—repurchasing its own shares. The shift reflects a focus on supporting its stock and managing capital as its shares traded below net asset value, rather than maximizing Bitcoin accumulation. The company remains a major Bitcoin holder, but the allocation suggests future purchases may depend more on market conditions and financing incentives.
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