Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC

Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC

Summary

Strategy purchased 250 BTC for $21.5 million at an average of $86,194 per coin, bringing its holdings to a record 848,250 BTC, acquired for an average of $75,444 each. It also spent $192.4 million repurchasing 1.93 million shares of its STRC preferred stock, funded mainly by selling MSTR common shares. The company reported $4.88 billion in reserves for dividends and debt interest, plus $640.5 million in general-purpose cash.