Strategy Buys $22M in Bitcoin, Buys Back $193M of STRC
strategic_reserves
Strategy purchased $22 million worth of Bitcoin while buying back $193 million of its STRC preferred shares. The much larger buyback signals a focus on managing its capital structure alongside continued Bitcoin accumulation. The transaction adds modestly to Strategy’s holdings, while the STRC repurchase may affect the supply and trading dynamics of the preferred shares.
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