Strategy deployable cash drops as STRC buybacks accelerate
BROBROK News · Based on reporting by CryptoSlate ·
Strategy’s deployable USD cash fell 45.3% in the week ended Nov. 1, to $133 million, as preferred-share buybacks outpaced its Bitcoin purchases. The company still added 811 BTC during the period, but most of its fresh capital went toward STRC repurchases.
Key points
- Deployable USD cash fell from $242 million to $133 million in one week.
- Strategy bought 811 BTC for about $66 million at an average price of $80,846.
- STRC buybacks totaled about $208 million, more than triple the Bitcoin spend.
- Common-stock sales were the only new equity funding source during the period.
- The separate USD Reserve stood at $4.79 billion after preferred dividend payments.
Why it matters
The update shows how Strategy is balancing Bitcoin accumulation with a growing preferred-stock repurchase program. It also highlights pressure on the company’s flexible cash balance even as BTC buying resumes.
Original headline: “Strategy’s deployable cash falls 45% as buybacks outpace Bitcoin purchases”
Read the original on CryptoSlate
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.