🏦 Strategy just bought back $139 million of STRC preferred shares, increasing its total Bitcoin holdings to 845.050 BTC ($BTC ).
On September 14, Michael Saylor’s company completed its $139 million STRC buyback. The total BTC holdings are equivalent to $65.83 billion, plus $6.4 billion in cash; BTC is trading at $77,850.93 (up 1.4%), $$MSTR 130.97 (up 1.87%).
Why is it noteworthy?
STRC’s BTC credit index is 0.57% (57 basis points), indicating reduced obligations to preferred shares and a thicker safety buffer.
In simple terms:
Strategy has just eased the burden from preferred shares while continuing to accumulate Bitcoin.
#Bitcoin #CryptoNews
🔗 Source: AMBCrypto
⚠️ Information is for reference only and not investment advice. Do your own research before making any decisions (DYOR).
On September 14, Michael Saylor’s company completed its $139 million STRC buyback. The total BTC holdings are equivalent to $65.83 billion, plus $6.4 billion in cash; BTC is trading at $77,850.93 (up 1.4%), $$MSTR 130.97 (up 1.87%).
Why is it noteworthy?
STRC’s BTC credit index is 0.57% (57 basis points), indicating reduced obligations to preferred shares and a thicker safety buffer.
In simple terms:
Strategy has just eased the burden from preferred shares while continuing to accumulate Bitcoin.
#Bitcoin #CryptoNews
🔗 Source: AMBCrypto
⚠️ Information is for reference only and not investment advice. Do your own research before making any decisions (DYOR).