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Bitcoin

Strategy acquires 267 Bitcoin, repurchases $193 million in STRC shares

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The company repurchased about 1.9 million shares of its STRC preferred stock between Oct. 12 and Oct. 18. Strategy added 267 Bitcoin to its holdings for about $22 million last week, increasing its total stash to 848,517 BTC worth approximately $70 billion, according to a Monday filing. The latest purchases were funded by $22 million in net proceeds from Strategy’s sale of 140,872 shares of its MSTR common stock through its at-the-market offering program and $100,000 in USD Cash. The company reported no sales of its STRF, STRC, STRK or STRD preferred stock through the program during the period. Separately, Strategy repurchased 1.94 million shares of its STRC preferred stock for about $193 million between Oct. 12 and Oct. 18.

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