Strategy's Bitcoin Pile Nears June Record After $76M Purchase
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Strategy buys $370M Bitcoin in first corporate purchase since June
Strategy added to its BTC treasury for the first time in two months, while continuing to bolster its cash reserves and buy back its perpetual STRC preferred stock.
Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys.
What Is Strategy (MSTR)? The Bitcoin Treasury Company
Strategy’s co-founder Michael Saylor pioneered the Bitcoin treasury playbook. Here’s what you need to know.
Strategy buys 950 Bitcoin for $76M, repurchases $174M in STRC
Strategy bought 950 Bitcoin for $75.7 million after a two-week pause and spent another $174 million repurchasing its STRC preferred stock.
Strategy Buys $370M of Bitcoin in First Purchase Since June
The 4,603 BTC cost an average of $80,318, some 29% above what the company took for the coins it sold this summer.
'The Right Trade': Strategy CEO Has No Regrets Selling Bitcoin at $60K Before Buying Back Higher
Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000.