
Strategy Skips Bitcoin Buying, Spends $205M on STRC Buybacks!! Strategy, the world’s largest publicly traded corporate Bitcoin holder, paused its Bitcoin purchases last week and instead spent approximately $204.9 million buying back its STRC preferred shares. According to a filing with the US Securities and Exchange Commission, the company repurchased around 2.07 million shares between October 19 and 23, making no Bitcoin purchases or sales during the period. Its Bitcoin holdings remained unchanged at 848,517 BTC, acquired for a total of approximately $64.02 billion at an average price of $75,446 per Bitcoin. STRC is a preferred stock issued by Strategy that is designed to provide regular dividend payments to investors.
