Strategy Buys 250 Bitcoin and Repurchases $192 Million in Preferred Shares

The post Strategy Buys 250 Bitcoin and Repurchases $192 Million in Preferred Shares appeared first on Coinpedia Fintech News

Strategy acquired 250 BTC for $21.5 million at an average price of $86,194 per Bitcoin, bringing its total holdings to 848,250 BTC. The company has spent approximately $64 billion acquiring Bitcoin at an average cost of $75,444 per coin. Separately, Strategy repurchased $192.4 million in STRC preferred shares. It also reported $4.88 billion in USD …