Strategy pauses Bitcoin buying for record STRC buyback

Community Trust Score Likely Real 79 % Real Likely Real 28 votes Updated 6 minutes ago Strategy completed a record $205 million buyback of its STRC preferred stock last week, marking the largest single-week purchase in the company’s history. This move coincided with the end of a five-week consecutive streak in which the firm had been accumulating Bitcoin. While Strategy shifted its capital deployment toward its own equity instruments, its peer Strive directed $511 million toward Bitcoin accumulation during the same period. The actions of Strategy and Strive illustrate a split in strategy among major Bitcoin treasury firms.

Source: The Currency Analytics