$139M Allocated for STRC Share Repurchase as Strategy Skips Bitcoin Transactions

Strategy, a financial firm, has made a notable shift in its investment priorities by allocating $139.3 million for repurchasing shares of its STRC preferred stock.

This decision comes as the company opted not to buy or sell Bitcoin between September 8 and 13, instead choosing to invest heavily in its equity position.

As of September 13, Strategy retained a significant holding of 845,050 $BTC, valued at $63.73 billion with an average acquisition price of $75,412 per $BTC.