Strategy Adds 250 Bitcoin as Weekly Buys Slow, STRC Buybacks Hit $192 Million

Strategy (Nasdaq: STRF, STRC, STRK, STRD, MSTR) bought 250 Bitcoin in the week ended October 11, adding about $21.5 million to its treasury while its weekly purchase size shrank for a second straight week. The company disclosed the figures in a capital markets update on October 12 that also showed $192 million of STRC preferred-stock repurchases over the same period. According to the company’s announcement , $21.0 million of the Bitcoin buy was funded with proceeds from MSTR common-stock sales and the remaining $0.5 million from cash.

Source: Blockchain Reporter