Saylor's Strategy buys 267 BTC for $22.1M as STRC buyback cash pile shrinks to $447M

Michael Saylor’s Strategy (NASDAQ: MSTR) disclosed in its October 19 filing that it paid $22.1 million for 267 BTC during the previous week. During the same week, the firm wrote a $193.1 million check to repurchase its own STRC preferred shares and raised the cap on its digital credit buyback program to $3 billion. Notably, Strategy’s flexible cash pool is thinning as its latest SEC disclosure confirms consecutive weeks where the leading corporate Bitcoin holder has directed far more capital into its own preferred stock than to acquire the digital asset its business is built on. Strategy announced Bitcoin and STRC purchases Per Strategy’s 8-K , the firm bought 267 BTC for $22.1 million. The purchase, which closed at $82,900 per Bitcoin, brought the firm’s total holdings to 848,517 BTC.

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