1 week ago
Strategy Boosts USD Reserve by $650M, Buys Back $109M in STRC Shares
BitcoinBitcoin ReserveDigital Credit SecuritiesMSTRPreferred Stock RepurchaseSEC 8-K FilingStrategy IncSTRCUSD Reserve
TLDR: Strategy’s USD Reserve rose to $4.65 billion after a $650 million boost from ATM stock sales. USD Reserve duration extended by 143 days to 2.7 years following the latest capital allocation move. Strategy sold 1,690 bitcoin at $64,262 average to fund $108.6 million in STRC share buybacks. Bitcoin holdings reached 840,447 coins, with $785.2 [...]
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