✨️✨️ Strategy Spends 9× More on STRC Buybacks Than Bitcoin
Michael Saylor's Strategy acquired another 250 BTC for $21.5M at an average price of $86,194, bringing its holdings to 848,250 $BTC . But its larger move was repurchasing $192.4M of STRC preferred shares.
Strategy now holds approximately $70.7B in Bitcoin and $5.5B in USD assets. The capital allocation is revealing: Strategy spent nearly nine times more retiring preferred equity than accumulating Bitcoin. Reducing outstanding STRC can also lower future preferred dividend obligations.
With $4.88B held in its USD Reserve, the company appears increasingly focused on managing the financial structure supporting its enormous Bitcoin treasury.
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$BTC
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Michael Saylor's Strategy acquired another 250 BTC for $21.5M at an average price of $86,194, bringing its holdings to 848,250 $BTC . But its larger move was repurchasing $192.4M of STRC preferred shares.
Strategy now holds approximately $70.7B in Bitcoin and $5.5B in USD assets. The capital allocation is revealing: Strategy spent nearly nine times more retiring preferred equity than accumulating Bitcoin. Reducing outstanding STRC can also lower future preferred dividend obligations.
With $4.88B held in its USD Reserve, the company appears increasingly focused on managing the financial structure supporting its enormous Bitcoin treasury.
✅️ FOLLOW FOR MORE ✅️
$BTC
$ETH
$XRP