Strategy buys just 334 Bitcoin as preferred-share buybacks reach $1.45 billion

Strategy acquired 334 BTC for approximately $25 million, a relatively small purchase compared with its recent accumulation pace. At the same time, it has spent about $1.45 billion buying back preferred shares, signaling a shift in capital allocation toward managing its securities and balance sheet. The buyback may support preferred-share value but leaves less capital available for Bitcoin purchases in the near term.