Strategy Loads Up on $142.7M in Bitcoin, Boosts STRC Repurchases

Strategy, the digital asset treasury company, has added 1,665 Bitcoin to its portfolio over the past week for $142.7 million.

The purchase price per BTC was $85,681, bringing Strategy's total holdings to 847,666 BTC, accounting for nearly 4.22% of Bitcoin's circulating supply.

This latest acquisition comes after a $75.7 million Bitcoin purchase announced by the company earlier.

Strategy repurchased $151.7 million worth of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) shares, aligning with its digital credit securities repurchase program aimed at optimizing capital structure and enhancing value for common equity holders.