Strategy Resumes Bitcoin Buys With $66M Purchase
Summary
The Bitcoin treasury firm has resumed its cryptocurrency acquisitions by completing a purchase valued in the millions. Alongside this digital asset investment, the company also spent a significant sum to buy back its preferred stock, which consequently reduced its remaining cash reserves.
The Bitcoin treasury firm also spent $208.2 million buying back its STRC preferred stock, cutting its USD Cash balance to $132.7 million.
Source: Read the full story at Decrypt
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