Strategy Pauses Bitcoin Purchases to Repurchase STRC Shares
Strategy did not buy or sell any Bitcoin last week, maintaining its holdings at 845,050 BTC. Instead, the company utilized $139.3 million in cash to repurchase 1.42 million of its STRC preferred shares. The firm's financial management framework currently holds $5.1 billion in its USD Reserve and $1.3 billion in USD Cash.
Summaries are written by AI from the original article. Not investment advice.