Strategy Repurchases STRC Preferred Shares as Bitcoin Buying Pauses

Strategy, the largest corporate holder of Bitcoin, used part of its capital to repurchase $176.3 million worth of STRC preferred shares between Aug. 31 and Sept. 7.

The company's treasury remains at 845,050 BTC purchased for $63.6 billion at an average cost of $75,412 per BTC, with no new purchases made during this period.

This move reflects the balancing act between maintaining BTC exposure, supporting dividend obligations, and managing liquidity, according to Cointelegraph's previous reporting on Strategy's capital framework.