Strategy Adds 811 Bitcoin and Repurchases $208.2M of STRC Shares
Photo: NewsBTC
TL;DR: Strategy announced on November 2 that it had acquired another 811 Bitcoin for roughly $65.5 million and repurchased approximately $208.2 million of its STRC preferred shares. The dollar amounts are those disclosed by Strategy for the specified transactions. The timing is notable because the company had separately disclosed large Bitcoin holdings at the end of October. A new acquisition can be checked against that earlier snapshot, but readers should not merge numbers from different dates without adjustment. Preferred-stock capital structure is less eye-catching than the coin count, yet it can be decisive when market conditions change.
Source: NewsBTC
