Strategy makes record $205 million STRC buyback as Strive spends $511 million on Bitcoin
Summary
Strategy paused Bitcoin purchases for the first time in five weeks, keeping its holdings at 848,517 BTC, and spent a record $204.9 million buying back its STRC preferred shares. Its unrestricted cash fell to $242.4 million, while it considers switching STRC dividends to daily payments to support demand. In contrast, Strive bought 6,182 BTC for about $511.4 million, bringing its total to 43,000 BTC—near the holdings of other leading corporate buyers. It funded its expansion with a $630 million preferred-stock offering and announced a further $1 billion share-sale program. Strive’s preferred financing carries recurring dividend costs and depends on continued investor demand.
