Strategy Inc (MSTR) Stock: Eyes Recovery as Buyback Program Hits $3B

TLDR MSTR rebounds 2.09% in premarket trading after Friday’s steep 9.56% decline. Strategy raises its preferred securities repurchase authorization to $3 billion. Strategy buys 267 BTC for $22.1 million, taking holdings to 848,517 bitcoin. The company repurchases 1.94 million STRC shares for $193.1 million in a week. Strategy reports $5.28 billion in reserves and cash [...]

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