Strategy Skips Bitcoin Again, Spends $139M Buying Back STRC Shares
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25 Articles
Strategy Stays on the Sidelines Again but Strive Buys More Bitcoin - Invest In Crypto News
Strategy has focused on repurchasing STRC once again, leaving BTC aside for now. The world’s largest corporate holder of bitcoin made a somewhat surprising BTC acquisition at the start of the month but has remained quiet on that front ever since. In contrast, the Matt Cole-spearheaded Strive continues to accumulate, adding another 469 BTC […]
Strategy suspends its bitcoin purchases and spends $139 million on STRC, while Strive continues to build up. The Saylor article still does not buy back Bitcoin and gives back $139 million on STRC appeared first on Cointribune.
While the market expected another round of massive purchases, Strategy has again chosen the opposite path. The company listed at the Nasdaq, led by Michael Saylor, confirmed that the repurchase share Strategy has returned to the protagonist instead of the usual purchases of bitcoin, with a transaction of 139,3 million dollars on its shares [...]
Strategy bought back 1.42 million STRC preferential shares for approximately $139.3 million over the past week, while maintaining its reserve of 845.050 Bitcoin, valued at about $65.7 billion, unchanged. Strategy is changing the way it manages its financial structure without altering, for now, the size of its gigantic Bitcoin reserve. [...] The Strategy ticket buys $139 million in STRC shares and maintains its 845.050 BTC was first published in …
Strategy Buys Back Stock, Skips Bitcoin Purchase
Bitcoin treasury Strategy held off buying bitcoin again last week. The Nasdaq-listed company said it instead bought $139 million of its preferred stock STRC. A Monday filing with the Securities and Exchange Commission on Monday showed that the company repurchased 1.42 million STRC preferred shares for around $139.3 million between September 8 and September 13. The company still owns 845,050 bitcoins worth $66.2 billion at today’s prices, and h…
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