Follow UsStrategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC
Bullish-8.92%
12 Oct, 12:39
Source: Decrypt
AI Summary
MicroStrategy significantly expands its Bitcoin treasury to 848,250 BTC while executing a major preferred stock buyback, reinforcing its corporate accumulation strategy.
The purchase lifts Strategy's holdings to 848,250 BTC and follows a $176 million repurchase of STRC preferred stock the week before.