Strategy buys 811 BTC and repurchases $208 million of STRC
BROBROK News · Based on reporting by Livecoins ·
Strategy started November with a purchase of 811 BTC for $65.5 million after skipping purchases the prior week. The company also repurchased $208.2 million of STRC and said part of its cash reserve was used for the move.
Key points
- Strategy said it bought 811 BTC, bringing its total holdings to 849,327 BTC.
- The purchase was funded in part by $164 million raised through MSTR sales.
- The company also repurchased $208.2 million of STRC using its USD reserve.
- The article says the USD Cash reserve is now close to empty, with $133 million left.
- Strive also bought 124 BTC, lifting its total to 43,124 BTC.
Why it matters
The update shows large corporate Bitcoin treasuries still adding to holdings while actively managing their balance sheets. That can affect BTC supply dynamics and sentiment around crypto-linked equities.
Original headline: “Strategy inicia mês de novembro com novo aporte de US$ 65,5 milhões em Bitcoin”
Read the original on Livecoins
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.