$BTC A STRATEGY BUYS 1,665 $BTC BUT IT
SPENT EVEN MORE ON $STRC
Strategy acquired 1,665 $BTC for $142.7M
between September 21-27 at an average
price of $85,681 per Bitcoin, taking total
holdings to a record 847,666 $BTC . The
company has now spent approximately
$63.95B on its Bitcoin stack at an average
cost of $75,437 per $BTC . But the more
unusual number is $151.7M.
During the same week, Strategy
repurchased 1,534,530 shares of $STRC
for $151.7M, meaning it actually spent more
buying back its preferred stock than
buying Bitcoin.
The funding structure matters. Strategy
sold 1,469,165 $MSTR shares for $246.2M
net proceeds. Of that, $142.7M funded the
Bitcoin purchase and $103.5M funded part
of the $STRC buyback. Another $48.1M of
USD Cash completed the repurchase.
#ChainlinkLaunchesCCIP2WithEnterpriseVerification #QNTFallsOver40%FromMorningHigh #USDTAdds845900HoldersInPast7Days #KospiFalls2.7%SamsungSKHynixDropOver5% #BitgetDetailsSecurityIncidentTimeline
.