Strategy Inc., formerly known as MicroStrategy, has repurchased $25 million worth of its STRC preferred shares. This move aligns with the company’s capital-management plan, which includes a $1 billion authorization for preferred-share repurchases. The company has also raised the STRC dividend rate to 12% and holds approximately $2.55 billion in USD reserves. Market observers will be monitoring further buybacks and potential bitcoin acquisitions.
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