Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC
Summary
Strategy recently expanded its massive digital asset portfolio by purchasing additional bitcoin worth millions. At the same time, the firm allocated a significant sum to repurchase its preferred stock. These transactions further increase the company's total cryptocurrency reserves and adjust its financial holdings.
The purchase lifts Strategy's holdings to 848,250 BTC and follows a $176 million repurchase of STRC preferred stock the week before.
Source: Read the full story at Decrypt
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