Bitcoin Faces First Back-to-Back Annual Losses in History, But There's a Catch
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Strategy spends triple its weekly Bitcoin outlay on STRC buybacks
Strategy spent $208.2 million buying back STRC preferred shares and $65.5 million on Bitcoin, while allocating $98.5 million to its USD Cash balance.
Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million.
Strategy Pauses Bitcoin Buying, Spends $205M Buying Back STRC
The Bitcoin treasury firm's USD Cash balance fell to $242.4 million after its biggest weekly STRC buyback in more than a month.