Strategy completes largest ever STRC share repurchase

Community Trust Score Verified 93 % Real Verified 14 votes Updated 54 seconds ago Strategy executed a record $205 million repurchase of its STRC preferred shares last week, according to company disclosures. The move marked the largest single-week buyback in the company’s history for the instrument, which Michael Saylor’s firm has used to manage its balance sheet alongside its Bitcoin holdings. The $205 million transaction pushed Strategy’s total STRC purchases above the $2 billion mark. The company has increasingly utilized this preferred stock mechanism to raise capital and manage liquidity while maintaining its core Bitcoin treasury strategy.

Source: The Currency Analytics