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PiCK

Strategy Buys 267 More Bitcoin, Repurchases $193 Million of STRC Shares

Source
Minseung Kang

Summary

  • Strategy said it bought an additional 267 Bitcoin (BTC) and repurchased $193 million of STRC shares.
  • Michael Saylor said Strategy holds a total of 848,517 BTC and $5.3 billion in dollar-denominated assets.
  • Strategy said it expanded the size of its digital credit securities share repurchase program to $3 billion from $2 billion.

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Photo: Screenshot from Michael Saylor's X account
Photo: Screenshot from Michael Saylor's X account

Strategy bought an additional 267 Bitcoin and repurchased $193 million of its STRC shares.

Michael Saylor, Strategy's executive chairman, disclosed the moves in a post on X on Oct. 19.

As of Oct. 18, Strategy held a total of 848,517 BTC. The company also held $5.3 billion in dollar-denominated assets, according to Saylor.

Strategy also expanded its digital credit securities share repurchase program to $3 billion from $2 billion.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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