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Strategy buys 250 BTC and repurchases $192.4 million in STRC preferred stock

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STRC Strategy Inc - VR PRF PERPETUAL USD 100 - Ser A
$99.88 +0.23%
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  1. 1Strategy purchased 250 BTC in accordance with its strategy last week.
  2. 2Strategy spent $192.4 million to repurchase STRC preferred stock last week.
  3. 3Myriad expects a 5% probability that Strategy's holdings will exceed 1 million BTC by the end of this year.

So what's the key point?

Strategy bought 250 Bitcoin and repurchased its preferred stock. Myriad estimates there is a 5% chance that the company will hold more than 1 million Bitcoin by the end of this year.

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