MSTR Strategy Repurchases $139.3M in STRC Stock, No BTC Purchases Made

Strategy, a company that focuses on Bitcoin holdings and preferred stock, has repurchased $139.3 million in STRC (Variable Rate Series A Perpetual Stretch Preferred Stock) shares without purchasing any additional BTC. This move was made using USD cash from its available funds.

The repurchase of 1,420,467 STRC shares at a cost of near $98 per share is seen as a balance-sheet management decision rather than a change in the company's core Bitcoin position. The transaction has reduced the outstanding STRC stock supply and may lead to improved credit quality over time.

Strategy's Bitcoin holdings remain unchanged, with 845,050 BTC still held at an aggregate cost of $63.73 billion. No Bitcoin purchases or sales were made during this period, leaving the company's exposure to BTC price moves intact.