Strategy Skips Bitcoin Buying and Uses $139M to Repurchase STRC Strategy said it neither bought nor sold Bitcoin and made no ATM share sale…
Strategy Skips Bitcoin Buying and Uses $139M to Repurchase STRC
Strategy said it neither bought nor sold Bitcoin and made no ATM share sales between September 8 and 13. Instead, the company spent $139.3 million in cash to repurchase about 1.42 million shares of its STRC preferred stock. As of September 13, Strategy held 845,050 BTC acquired for $63.73 billion at an average price of $75,412 per BTC. Its USD Reserve and USD Cash stood at $5.10 billion and $1.30 billion, respectively.