Summary
- Strategy said it filed an 8-K with the SEC and repurchased 288,930 shares of STRC worth about $25 million.
- Strategy did not buy additional Bitcoin last week, and as of July 26 its Bitcoin holdings stood at 843,775 coins with an average purchase price of $75,476.
- Strategy’s US dollar reserves increased to $3.75 billion, and its current reserves could cover preferred stock dividends for about 2.1 years.
Forecast Trend Report by Period
Strategy, the world’s largest corporate holder of Bitcoin, repurchased 288,930 STRC shares worth about $25 million between July 20 and July 26, according to an 8-K filing submitted to the US Securities and Exchange Commission on July 27.
The company did not purchase additional Bitcoin last week. As of July 26, it held 843,775 Bitcoin with an average purchase price of $75,476.
Strategy’s US dollar reserves rose by $525 million to $3.75 billion. The company said the current reserves would be sufficient to pay preferred stock dividends for about 2.1 years.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.