Strategy Buys $82M in Bitcoin, Buys Back $188M of STRC

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Strategy bought 1,036 BTC for $81.9 million between November 2 and November 8, at an average price of $79,012 per bitcoin, according to an SEC filing. The company also repurchased 1,887,464 shares of STRC, its variable-rate preferred stock, for $188.3 million. These transactions were funded by the sale of 2,051,348 MSTR shares, which generated net proceeds of $283.8 million. Strategy now holds 850,364 BTC, acquired for $64.16 billion, and maintains $4.77 billion in its US dollar reserve to cover preferred stock dividends and debt interest.

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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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