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Strategy Spends Triple Its Bitcoin Outlay on STRC Buybacks

Strategy spent $208.2 million last week repurchasing its STRC preferred shares, more than three times the $65.5 million it put into Bitcoin. According to a Monday SEC filing, the company bought 811 BTC at an average of $80,

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About BTC PEERS

BTC PEERS is a Bitcoin-focused news publication founded in 2020. We provide accurate, timely coverage of Bitcoin markets, technology, and adoption worldwide. Cited by Wikipedia, Forbes, Coindesk, Nasdaq, Cointelegraph, Yahoo Finance, CoinMarketCap, The Block, and thousands more.

Editorial Team

John Williams — Founder & Editor-in-Chief
Former hedge fund analyst. Covering Bitcoin since its early days.

Albert Morgan — Senior Reporter
Privacy advocate covering permissionless payments. Based in Bangkok.

Contact

Email: admin@btcpeers.com

Address:
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1 South Sathorn Road, Sathorn
Bangkok 10333, Thailand

Twitter: @btc_peers_com

Editorial Policy

We distinguish between News, Opinion, Press Releases, and Sponsored content. All sponsored articles are clearly labeled.

Corrections: We address errors within 24 hours. Contact us at admin@btcpeers.com.

Content is for informational purposes only and does not constitute investment advice.