Strategy Digs Deeper into STRC, Holds Steady on Bitcoin
Strategy's Bitcoin holdings remain unchanged at 845,050 BTC after another week without any purchases. The company acquired this stack for $63.73 billion at an average price of $75,412 per coin, inclusive of fees.
In a separate move, Strategy repurchased 1,420,467 shares of its STRC preferred stock for $139.3 million between September 8 and 13. This buyback was funded entirely from the company's USD Cash reserve.
The repurchase program still has $1.05 billion available under the $2 billion digital credit securities authorization. A separate $1 billion is also set aside for MSTR stock buybacks, although none were made in this period.