✉news BusinessCrypto first seen 10 d ago, last 9 d ago, peak #3
Strategy Buys 811 Bitcoin, Spends $210M on STRC Buybacks
Strategy, the bitcoin-holding company formerly known as MicroStrategy, has purchased an additional 811 bitcoin while directing $210 million into buybacks of its STRC preferred stock. The dual move continues the firm's practice of adding to its bitcoin treasury while managing its capital structure. Observers in the crypto and finance world are watching how the company balances new acquisitions with shareholder returns.
Why now: Strategy is the largest corporate holder of bitcoin, so any new purchase and major capital move draws wide attention from crypto investors.
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Evidence
- Strategy Buys 811 Bitcoin, Spends $210M on STRC Buybacks · Bitcoin Foundation
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