Strategy reaches new BTC reserve record with almost $300M splurge on BTC, STRC
Strategy added 1,665 BTC between September 21 and September 27 and also repurchased about $151.7 million of STRC preferred shares during the same week. Its Bitcoin holdings reached 847,666 BTC, and the company said it had recovered all of the Bitcoin it previously sold.
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Strategy’s updated holdings are the main visible change for its shareholders and for people tracking corporate Bitcoin accumulation. After the week’s purchases, the company’s reserve total stands at a new record level and its STRC buyback also shows up on the same filing, so both Bitcoin exposure and preferred-share activity changed at once.
Before this filing, the company had a smaller Bitcoin reserve and fewer BTC on its books. Now the stated position is 847,666 BTC, and the firm also completed a repurchase of STRC preferred stock during the same week, while the filing does not change the fact that the figures are based on that week’s purchases.
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Has this happened before?
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| 19 days ago | How Crypto Stopped Waiting for Congress and Learned to Love the Regulators event | 1 actors in common · 3 news media |
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