Summary
- Strategy said it bought 250 additional Bitcoin (BTC) and repurchased $192 million of its STRC preferred stock.
- Chairman Michael Saylor said Strategy's total Bitcoin holdings had increased to 848,250 BTC as of Oct. 11.
- He said Strategy holds 848,250 BTC and $5.5 billion in dollar assets.
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Strategy bought 250 additional Bitcoin and repurchased $192 million of its STRC preferred stock.
Chairman Michael Saylor disclosed the move on X, formerly Twitter, on Oct. 12.
As of Oct. 11, Strategy held a total of 848,250 BTC, according to Saylor. The company also holds $5.5 billion in dollar-denominated assets.
Saylor said the company carried out the $192 million STRC buyback alongside the latest Bitcoin purchase.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.