Strategy spent more on STRC buybacks than on Bitcoin
BROBROK News · Based on reporting by DiarioBitcoin ·
Strategy disclosed in an SEC filing that it spent $208.2 million repurchasing STRC preferred shares last week, more than the $65.5 million used to buy 811 BTC. The purchases were funded in part by selling MSTR shares, which brought in $164 million net, while the remainder was kept as cash.
Key points
- STRC repurchases totaled $208.2 million for the week.
- The company bought 811 BTC for $65.5 million at an average price of $80,846.
- Selling about 1.18 million MSTR shares generated $164 million net.
- $98.5 million was added to the company’s U.S. dollar cash balance.
- From Oct. 1 to 25, STRC buybacks were already far larger than BTC purchases.
Why it matters
The filing shows Strategy is deploying capital across multiple channels, not only into Bitcoin. For crypto investors, it highlights how the company’s BTC accumulation can vary alongside broader treasury and capital-management decisions.
Original headline: “Strategy destinó más dinero a recomprar STRC que a comprar Bitcoin”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.