Strategy allocates $188 million to STRC repurchases, buys $82 million in Bitcoin

Strategy, a digital asset treasury firm led by Michael Saylor, purchased $82 million worth of Bitcoin last week while directing approximately $188 million toward repurchasing its STRC preferred shares. The simultaneous execution of these transactions has shifted investor attention beyond Bitcoin accumulation, highlighting the company’s approach to balance sheet management and capital allocation. In a disclosure dated November 9, Strategy reported acquiring 1,036 BTC between November 2 and November 8, which increased the company’s total Bitcoin holdings to 850,364 BTC. During the same period, Strategy raised $283.8 million net by selling 2.05 million new MSTR common shares. Of the total proceeds, $81.9 million was allocated to Bitcoin purchases, $188.3 million to STRC preferred share repurchases, and $13.6 million to USD Cash.

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