Strategy's new update has three numbers that should stay separate.
Its October 19 announcement reports 267 $BTC acquired, 193 million US dollars of STRC repurchased, and an increase in its digital-credit securities repurchase program to 3 billion US dollars.
The 3 billion US dollars figure describes that securities program, not a reported Bitcoin purchase. Likewise, STRC repurchases and BTC acquisitions are different uses of capital. Check each category before treating the headline as Bitcoin demand.
Its October 19 announcement reports 267 $BTC acquired, 193 million US dollars of STRC repurchased, and an increase in its digital-credit securities repurchase program to 3 billion US dollars.
The 3 billion US dollars figure describes that securities program, not a reported Bitcoin purchase. Likewise, STRC repurchases and BTC acquisitions are different uses of capital. Check each category before treating the headline as Bitcoin demand.