Last week, Strategy spent about 9x more buying back its own preferred stock than buying Bitcoin. 🥊 TALE OF THE TAPE (Oct 5-11, per SEC filing) 🟠 BUYING BITCOIN 250 BTC | $21.5M | avg price $86,194 🔵 BUYING BACK STRC 1.93M shares | $192.4M THE TOTALS 848,250 BTC held | average cost $75,444 Context: with BTC around $82K, it trades roughly 9% above that average cost. The 250 BTC were bought at a higher price than today's.
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