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Strategy acquires an additional 250 BTC and accelerates preferred stock repurchases

CryptoProwl ·

STRC Strategy Inc - VR PRF PERPETUAL USD 100 - Ser A
$99.88 +0.23%
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  1. 1Strategy purchased 250 BTC last week for $21.5 million as part of its strategy.
  2. 2Strategy repurchased 1.93 million shares of floating-rate Stretch preferred stock this week for $192.4 million.
  3. 3Strategy's total Bitcoin holding cost reaches approximately $64 billion.

So what's the key point?

Strategy bought 250 more Bitcoins. The company is continuing to collect Bitcoins and is also buying back its preferred stock.

Source CryptoProwl · View original ↗

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