Strategy Buys $22M in Bitcoin, Buys Back $193M of STRC
The Bitcoin treasury firm raised its preferred stock buyback cap to $3 billion and now holds 848,517 BTC, bought at an average of $75,446.
AI summary
Strategy added $22 million in Bitcoin and repurchased $193 million of its STRC preferred stock, raising its buyback cap to $3 billion. The company now holds 848,517 BTC acquired at an average cost of $75,446. The continued accumulation signals sustained corporate demand for Bitcoin, while the larger buyback supports confidence in Strategy's capital structure and its preferred shares.
Narrative history
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1H AGOYou’re reading thisStrategy Buys $22M in Bitcoin, Buys Back $193M of STRCDecrypt · Score 55
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2H AGOCointelegraph · Score 45 · via buys $22M, $22M Bitcoin
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2H AGOThe Block · Score 55 · via $22M, Strategy buys
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2H AGOCryptoPotato · Score 45 · via 267 BTC, 267
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2H AGOBitcoin.com News · Score 45 · via $22M Bitcoin, $22M
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2H AGOCrypto Briefing · Score 40 · via Strategy buys, buys 267
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2H AGOCrypto Briefing · Score 45 · via buys 267, 267 Bitcoin
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2H AGOCrypto Briefing · Score 45 · via $193M STRC, $193M
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12 OCT · 12:39Decrypt · Score 30 · via Strategy Scoops, Scoops
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12 OCT · 12:13The Block · Score 47 · via room orange, orange Michael
