Strategy purchased 334 Bitcoin for $28.7 million last week, bringing its total holdings to exactly 848,000 BTC. During the same period, the company spent $176.3 million to repurchase approximately 1.77 million shares of its STRC preferred stock, more than six times the amount allocated to Bitcoin purchases. Strategy will seek shareholder approval on October 28 to pay daily dividends on its four preferred stocks STRC, STRF, STRK and STRD, replacing the current bi-monthly or quarterly payment schedules. If the proposal is approved, STRC will switch to daily payments starting in November, while STRF, STRK and STRD will follow in January.
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