Strategy’s deployable cash falls 45% as buybacks outpace Bitcoin buys
AI summary
Strategy's deployable USD cash dropped 45.3% in the week ended Nov. 1, falling from $242 million to $133 million, as preferred-stock buybacks outpaced its Bitcoin purchases. The company still holds a separate $4.79 billion USD reserve earmarked for preferred-stock dividends and debt interest, and it bought 811 Bitcoin during the period. Traders care because Strategy is a major corporate BTC holder, and shrinking free cash alongside slower accumulation signals less aggressive buying ahead.
