Saylor's Bitcoin Stash Unchanged for Third Consecutive Week Amid STRC Buybacks
Michael Saylor's investment strategy has gone three weeks without buying or selling Bitcoin. Its holdings of approximately 845,050 coins remain unchanged for a third consecutive week.
The Strategy repurchased about 1.42 million STRC preferred shares for $139.3 million during the latest week, bringing its total spend on STRC buybacks to around $455 million over the past three weeks.
Strategy's flexible USD Cash pool declined from $1.59 billion to $1.30 billion over the same period, which broadly matches the amount spent on STRC repurchases.