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Strategy Skips Bitcoin Buy To Repurchase $176M Of STRC Preferreds

Strategy Skips Bitcoin Buy To Repurchase $176M Of STRC Preferreds Authored by Zoltan Vardai via CoinTelegraph.com, Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys. Michael Saylor’s Strategy, the largest corporate Bitcoin treasury, skipped its weekly Bitcoin acquisition to repurchase $176 million of its preferred STRC stock. Strategy repurchased 1.8 million STRC shares for an aggregate $176.3 million between Aug. 31 and Sept. 7, according to a Tuesday filing with the US Securities and Exchange...
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