Strategy, the world’s largest corporate holder of Bitcoin (BTC), announced on October 12 that it purchased 250 BTC between October 5 and 11, marking its fourth consecutive week of acquisitions.
In the same week, the company spent $192.4 million repurchasing its own STRC preferred shares, roughly nine times more than it spent on bitcoin.
Strategy Details Bitcoin Purchase and STRC Repurchase
Strategy spent approximately $21.5 million, including fees and other expenses, on the latest purchase, at an average of $86,194 per bitcoin.
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Bitcoin (BTC), Crypto Market News, Strategy (MSTR)Read More
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