【Market Update】Strategy sells shares to repurchase STRC worth $284 million
Strategy disclosed in its November 9 8-K filing that it sold 2.05 million shares from November 2 to 8, raising $284 million. Of that, $188.3 million (66%) was used to repurchase STRC, while just $81.9 million (29%) was spent buying 1,036 BTC. Its holdings stand at 850,364 BTC, with $4.77 billion in cash reserves. What do you think?
$BTC $MSTR $STRC
#币安广场 #MSTR #Bitcoin
(Source: Blockonomi)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
Strategy disclosed in its November 9 8-K filing that it sold 2.05 million shares from November 2 to 8, raising $284 million. Of that, $188.3 million (66%) was used to repurchase STRC, while just $81.9 million (29%) was spent buying 1,036 BTC. Its holdings stand at 850,364 BTC, with $4.77 billion in cash reserves. What do you think?
$BTC $MSTR $STRC
#币安广场 #MSTR #Bitcoin
(Source: Blockonomi)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
