Strategy’s deployable cash falls 45% as buybacks outpace Bitcoin purchases

Strategy ‘s deployable USD Cash fell 45.3% during the week ended Nov. 1, from $242 million to $133 million, as preferred-stock buybacks exceeded its Bitcoin purchases. That balance is available for broader treasury uses. Strategy also held a separate $4.79 billion USD Reserve intended for preferred-stock dividends and debt interest. The company bought 811 Bitcoin between Oct. 26 and Nov. 1 while setting another record for STRC preferred-stock buybacks. The company spent approximately $66 million acquiring the cryptocurrency at an average price of $80,846 between Oct. 26 and Nov. 1, according to its Nov. 2 regulatory filing . The purchase increased Strategy's holdings to 849,327 BTC, acquired for an aggregate $64 billion at an average price of $75,451 per coin.

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