Strategy spent $25 million to repurchase 288,930 STRC preferred shares between July 20 and July 26 at an average price of $86.52, well below the $100 par value. This transaction marked the first disclosed use of a $1 billion repurchase program approved last month, with $975 million remaining available for additional purchases. Bitcoin purchases remain paused for the fifth consecutive week, the longest hiatus since 2024, while Strategy still holds 843,775 BTC acquired at an average price of $75,476 per coin. The company has raised its USD Reserve to a record $3.75 billion, sufficient to cover roughly 25 months of preferred-stock dividend payments.
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