Saylor’s Strategy buys 811 more bitcoin as STRC buyback runs longer

Strategy acquired another 811 BTC and used some of its cash to buy back preferred STRC shares. The latest weekly purchase follows the trends of small BTC additions, while attempting to support STRC. Strategy acquired 811 BTC at an average price of $80,846 per BTC, accumulating the coins between October 26 and November 1. As of November 2, the average acquisition cost of Strategy is $75,451 per BTC, putting the company with a slight unrealized gain based on current market prices. The small BTC acquisition did not affect the market significantly, as BTC was seeking support at around $77,000. Strategy resumed its BTC additions after skipping a week where only STRC shares were repurchased, as Cryptopolitan reported .

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