Strategy Increases Bitcoin Holdings and Repurchases STRC Shares
- Strategy acquired 1,665 BTC for approximately $142.7 million between September 21 and September 27.
- The company now holds a total of 847,666 BTC purchased for about $63.95 billion.
- Strategy repurchased approximately $151.7 million of STRC preferred shares during the same period.
- The average acquisition price for the latest Bitcoin purchase was $85,681 per BTC.
- The company sold roughly $246.2 million in MSTR common stock to finance these transactions.
Strategy has been actively managing its capital structure by increasing its Bitcoin holdings while reducing outstanding preferred securities like STRC through strategic buybacks.
This dual approach highlights Strategy’s focus on balancing its investment in Bitcoin with effective capital-market strategies to optimize financial performance and shareholder value . (Source )
