Strategy Buys 1,665 More Bitcoin And Spends $152M Buying Back STRC
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Strategy acquired 1,665 additional bitcoin for approximately $178 million, increasing its holdings to about 640,000 BTC and reinforcing its position as the largest corporate Bitcoin holder. The company also spent roughly $152 million repurchasing shares of its STRC preferred stock, supporting the security’s market price and potentially improving shareholder confidence. The purchases underscore Strategy’s continued commitment to using capital-market activity to accumulate Bitcoin, while its growing holdings increase both its influence and exposure to BTC price volatility.
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