#StrategySkipsBitcoinPurchasesSpends$205MOnSTRCBuybacks
⏸️ Strategy Paused Its Bitcoin Buying. Here's Where the Cash Went
📅 Oct 19-25: zero BTC bought or sold, its first pause since mid-September
💵 Instead it spent $204.9M buying back 2,068,459 shares of STRC, its variable-rate preferred stock
📈 That's up from $193.1M the week before
🟠 Holdings stay at 848,517 BTC, average cost about $75,446
📉 USD Cash fell to $242.4M from $447.3M a week earlier
⚠️ No shares sold through the ATM program, so no fresh capital came in
What it means for Bitcoin: with BTC near $79.9K, about 6% above its average cost, the biggest corporate buyer is using cash to support its preferred stock rather than add coins. One quiet week isn't a trend, but it removes a steady source of demand.
Is this a smart defensive move or a warning sign? 👇
$BTC
#CryptoNews #Bitcoin #MSTR #StrategySkipsBitcoinPurchasesSpends$205MOnSTRCBuybacks
⏸️ Strategy Paused Its Bitcoin Buying. Here's Where the Cash Went
📅 Oct 19-25: zero BTC bought or sold, its first pause since mid-September
💵 Instead it spent $204.9M buying back 2,068,459 shares of STRC, its variable-rate preferred stock
📈 That's up from $193.1M the week before
🟠 Holdings stay at 848,517 BTC, average cost about $75,446
📉 USD Cash fell to $242.4M from $447.3M a week earlier
⚠️ No shares sold through the ATM program, so no fresh capital came in
What it means for Bitcoin: with BTC near $79.9K, about 6% above its average cost, the biggest corporate buyer is using cash to support its preferred stock rather than add coins. One quiet week isn't a trend, but it removes a steady source of demand.
Is this a smart defensive move or a warning sign? 👇
$BTC
#CryptoNews #Bitcoin #MSTR #StrategySkipsBitcoinPurchasesSpends$205MOnSTRCBuybacks
