Strategy Boosts Cash Reserve, Repurchases STRC Amid Market Uncertainty

Strategy, a company focused on Bitcoin, has made significant moves to strengthen its balance sheet. It added $250 million to its cash reserve, bringing the total to $4 billion.

The firm also repurchased approximately $81 million worth of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC).

This transaction builds on the company's recently introduced Digital Credit Capital Framework, which aims to reduce the need for Bitcoin sales during market stress by using the dollar reserve to cover preferred-stock dividends and debt interest.