Mmastodon BusinessCrypto first seen 18 h ago, last 17 h ago, peak #3
Strategy adds $22M in Bitcoin, buys back $193M of STRC shares
Original: Strategy buys $22M in Bitcoin and repurchases $193M in STRC shares Strategy added 267 Bitcoin and spent $193.1 million b
Strategy, the company formerly known as MicroStrategy, bought 267 Bitcoin for roughly $22 million while simultaneously spending $193.1 million to repurchase its own STRC preferred stock, according to an SEC filing. The dual move signals the firm is still adding to its Bitcoin treasury while returning capital to preferred shareholders. Observers are watching how its buy-and-buyback strategy balances its crypto holdings with shareholder obligations.
Why now: Strategy's ongoing Bitcoin purchases and large preferred-share buyback show the firm is actively managing its treasury, drawing continued market attention.
StrategyMicroStrategyBitcoinSTRC
Rank over time, top of the chart is #1. 2 snapshots from 18 h ago to 17 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2922141