Strategy Buys 1,665 More Bitcoin And Spends $152M Buying Back STRC

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Strategy purchased 1,665 BTC for approximately $142.7 million between September 21 and September 27, at an average price of $85,681 per bitcoin. The company now holds 847,666 BTC for a total cost of roughly $63.95 billion, averaging $75,437 per BTC. Strategy also repurchased about 1.53 million STRC preferred shares for approximately $151.7 million, partially funded by selling 1.47 million MSTR shares that raised $246.2 million. This simultaneous operation demonstrates the company’s strategy of actively managing its capital structure by accumulating Bitcoin while reducing its preferred securities.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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