Strategy Resumes Bitcoin Buying With $75.7M Purchase, Repurchases $174M in STRC

Strategy bought 950 Bitcoin for approximately $75.7 million, resuming its purchases after a two-week pause, according to Cointelegraph. The company also spent $174 million repurchasing shares of its STRC preferred stock. The transactions add to Strategy’s ongoing activity in both the Bitcoin market and its preferred-stock program. The Bitcoin purchase was disclosed alongside the STRC repurchase, with the BTC acquisition valued at about $75.7 million. The report did not provide additional details on the company’s resulting Bitcoin holdings or the number of STRC shares repurchased. Bitcoin and STRC are the directly affected market assets in the announcement.