MicroStrategy repurchases $139 million in shares, pauses Bitcoin buying

MicroStrategy (Strategy) spent $139 million to repurchase 1,420,467 shares of STRC last week, marking the second consecutive week without a Bitcoin purchase. The company holds 845,000 BTC at an average cost of $75,412. Its cash reserves decreased to $1.3 billion, with approximately $1.05 billion remaining in its $2 billion share repurchase program.