Strategy expands its Bitcoin holdings to 846,000 BTC while allocating $174 million toward STRC preferred share buybacks, drawing down its USD cash reserves to $1.05 billion.
Strategy repurchased 1.77 million STRC preferred shares for $174 million, reducing supply and returning capital to preferred shareholders.
Strategy's continued Bitcoin accumulation reinforces its position as a leveraged Bitcoin investment vehicle.
Michael Saylor's Strategy firm continues its aggressive Bitcoin accumulation, adding 950 BTC to its treasury for $75.7 million. Simultaneously, the company deployed $174 million to repurchase 1.77 million STRC preferred shares, signaling a dual-track strategy of digital asset growth and capital return to shareholders.
The company currently holds 846,000 BTC, which is within 1,363 coins of its all-time high of 847,363 BTC recorded on June 22.
No, Strategy did not sell any MSTR common stock under its at-the-market offering program during this period.