Strategy Buys Back $205 Million of STRC Preferred Stock, Makes No Additional Bitcoin Purchases
Uk Jin
Summary
- Strategy disclosed that it bought back about $205 million of its preferred stock as treasury shares.
- Strategy said in an SEC filing that it purchased 2,068,459 shares of STRC between Oct. 19 and Oct. 25.
- During the same period, Strategy made no Bitcoin purchases, and its total holdings stood at 848,517 tokens with a cumulative purchase cost of about $64.02 billion.
Forecast Trend Report by Period
Strategy, the world’s largest corporate holder of Bitcoin, bought back about $205 million of its preferred stock.
In a filing with the U.S. Securities and Exchange Commission on Oct. 26, the company disclosed that it repurchased 2,068,459 shares of STRC between Oct. 19 and Oct. 25.
Strategy did not buy any Bitcoin during the same period. Its total Bitcoin holdings stood at 848,517 tokens, with a cumulative purchase cost of about $64.02 billion.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.