Strategy boosts Bitcoin holdings to 849,327 BTC with $66M purchase
Photo: Crypto Briefing
Strategy, a Bitcoin -focused company led by Michael Saylor, has highlighted its capital structure’s ability to provide exposure to Bitcoin at varying levels of volatility. This announcement involves its common equity, MSTR, and its perpetual preferred stock, STRC. The company recently acquired 811 BTC for $65.5 million, increasing its holdings to 849,327 BTC. The disclosure also mentions the repurchase of approximately $208.2 million of STRC. This structure is designed to offer different risk profiles, with MSTR positioned as the higher-volatility option and STRC as a more stable, income-oriented security.
Source: Crypto Briefing
