Strategy Bolsters USD Reserve, Repurchases STRC Shares
Strategy, Michael Saylor's NASDAQ-listed entity, has continued its Bitcoin holdings unchanged despite previous sales. The company increased its USD reserve by $150 million, bringing its total stash to 840,447 BTC.
The current value of this stash is approximately $53.3 billion. Strategy has accumulated a crypto fortune worth around $10 billion more than the current market value, with an average price per unit of $75,385.
Aside from expanding its USD reserve, Strategy repurchased over 3.46 million shares of STRC for $132 million.