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Strategy skips Bitcoin purchases; $205M in STRC buybacks

Strategy said in a filing that it spent $204.9 million repurchasing 2.07 million STRC preferred shares between Monday and Friday. It reported no Bitcoin purchases or sales and no stock sales through its at-the-market offering program during that period. Its Bitcoin holdings remained at 848,517 BTC.

Strategy said its $4.83 billion US dollar reserve was unchanged from the previous week, while its USD cash balance fell from $447.3 million to $242.4 million after the buybacks. Since the start of October, it had spent about $664 million repurchasing STRC shares, compared with $72.3 million buying 851 BTC.

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