Strategy just dropped another $139.3M buying back STRC preferred stock — second week in a row. Meanwhile? Zero $BTC buys. Still sitting at 845,050 $BTC.
They're prioritizing equity buybacks over adding to the stack. Either they think their stock is undervalued, or the $BTC accumulation phase is taking a breather.
Watch the pattern. If buybacks continue while $BTC sits flat, it signals capital allocation shift. If they resume buying $BTC aggressively, that's your liquidity signal.
They're prioritizing equity buybacks over adding to the stack. Either they think their stock is undervalued, or the $BTC accumulation phase is taking a breather.
Watch the pattern. If buybacks continue while $BTC sits flat, it signals capital allocation shift. If they resume buying $BTC aggressively, that's your liquidity signal.
