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Strategy buys another $22 million of Bitcoin, increases planned share buybacks
Strategy bought the Bitcoin dip—again. The digital asset treasury giant disclosed Monday that it added more than $22 million worth of the cryptocurrency last week, as prices swung between roughly $80,000 and $84,000.
Summary
Strategy bought the Bitcoin dip—again. The digital asset treasury giant disclosed Monday that it added more than $22 million worth of the cryptocurrency last week, as prices swung between roughly $80,000 and $84,000. The latest purchase added 267 Bitcoin to Strategy’s total holdings, which are currently worth around $64 billion. The company also spent roughly $193 million buying back shares of STRC, one of its preferred stocks, which pays investors regular dividends.
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