Strategy added 811 BTC to its treasury for $65.5 million, a routine acquisition for the largest corporate Bitcoin holder. The company held 848,517 BTC at a total cost of $64.02 billion, representing an average purchase price of $75,446 per coin. It also repurchased $208.2 million of STRC preferred shares, exceeding the $190 million to $205 million spent per week previously. After increasing the authorized size of its digital credit securities repurchase program from $2 billion to $3 billion, Strategy is diversifying its capital allocation between Bitcoin accumulation and the management of its variable-rate preferred securities. This strategy may support STRC liquidity, but it leaves fewer funds available for BTC purchases and could gradually increase the company’s average acquisition price.
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