🚀📰 Strategy Sells $334M of Stock to Repurchase Preferred Shares 💰₿
🚨 Strategy sold about $333.7 million of MSTR common stock during the week ended August 16. The company used $132.2 million of the proceeds to repurchase 1.39 million STRC preferred shares, while another $52.4 million went toward STRC dividends.
🌐 What This Means for Bitcoin 🚀
₿ Strategy did not buy or sell any Bitcoin during the week, leaving its holdings at 840,447 BTC. The company also added about $149.1 million to its U.S. dollar reserve, bringing it to approximately $4.8 billion.
#Strategy 📈 #MSTR 💼 #Bitcoin ₿ #STRC 🏦#CryptoMarket 📊
🚨 Strategy sold about $333.7 million of MSTR common stock during the week ended August 16. The company used $132.2 million of the proceeds to repurchase 1.39 million STRC preferred shares, while another $52.4 million went toward STRC dividends.
🌐 What This Means for Bitcoin 🚀
₿ Strategy did not buy or sell any Bitcoin during the week, leaving its holdings at 840,447 BTC. The company also added about $149.1 million to its U.S. dollar reserve, bringing it to approximately $4.8 billion.
#Strategy 📈 #MSTR 💼 #Bitcoin ₿ #STRC 🏦#CryptoMarket 📊