Strategy Invests $139 Million in STRC Shares, Bitcoin Holdings Remain Untouched

Strategy Invests in STRC Preferred Stock

In a recent move, Strategy has invested $139.3 million in its STRC preferred stock, acquiring 1,420,467 shares between September 8 and 13. This purchase was entirely funded through its USD Cash reserves.

Bitcoin Holdings Remain Unchanged

For the second consecutive week, the company did not make any Bitcoin purchases, keeping its total holdings at 845,050 BTC. These were originally acquired for $63.73 billion, averaging $75,412 per coin.

Remaining Capital for Future Investments

As of now, Strategy still has about $1.05 billion remaining under its $2 billion digital credit securities repurchase program. Additionally, the company has $1 billion available for potential buybacks of MSTR stock.

The recent stock buyback was detailed in an 8-K filing with the Securities and Exchange Commission. The latest expenditure is a decline from the previous week’s spending of $176.3 million, which coincided with an increase in the board’s authorization for the repurchase program.