Finance3 sources
Strategy Buys $22M in Bitcoin, Repurchases $193M in STRC
- Strategy purchased 267 Bitcoin for $22 million, raising its total holdings to 848,517 BTC.
- The firm repurchased 1.94 million STRC shares for $193 million.
- Strategy increased its preferred stock buyback cap to $3 billion.
- The firm's Bitcoin holdings account for approximately 4% of the total Bitcoin supply, with $5.9 billion in paper gains.
- The average purchase price of the Bitcoin was $75,446.