Strategy Buys 1,665 BTC, Repurchases $152M in STRC Preferred Shares

Strategy has made significant moves in its investment portfolio, acquiring 1,665 BTC and repurchasing $152 million worth of STRC preferred shares. The company spent approximately $142.7 million on the Bitcoin purchase, bringing its total holdings to 847,666 coins.

The average acquisition cost for the latest Bitcoin purchase was $85,681 per coin, including fees and expenses. This is higher than Bitcoin's current market price of around $83,401, according to CoinGecko.

Strategy repurchased 1,534,530 STRC shares for approximately $151.7 million during the same period. The company has a digital credit securities repurchase program authorization of $723.5 million, which remains in effect.