Strategy acquires 250 BTC, repurchases $192M in preferred stock
Image: Crypto BriefingStrategy Inc., led by Michael Saylor, acquired 250 BTC for $21.5 million at an average price of $86,194 per Bitcoin. The purchase brings its total BTC holdings to 848,250. The company has spent roughly $64 billion acquiring Bitcoin at an average cost of $75,444 per coin. Separately, Strategy repurchased $192.4 million in STRC preferred shares. It also holds $4.88 billion in USD reserves and $640.5 million in cash.
Key points
- Strategy acquired 250 BTC in its latest Bitcoin purchase.
- The purchase brings its total Bitcoin holdings to 848,250 BTC.
Why it matters
The purchase adds to Strategy's large public Bitcoin holdings, a benchmark for corporate crypto adoption. The preferred share repurchase is seen as supportive of STRC market confidence.
Price context · BTC
At publication
$83,136.00
Now
$82,671.00
Change since
−0.56%
7 days · dashed line = publication
Sources · 4 publishers
Bitcoin.com News
Tier 2
Strategy Buys More Bitcoin and Retires Nearly 2M STRC Shares
Coinpedia
Tier 3
Strategy Buys 250 Bitcoin and Repurchases $192 Million in Preferred Shares
CoinGape
Tier 2
Strategy Acquires 250 Bitcoin and Repurchases $192 Million in STRC, MSTR Stock Jumps
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Bitcoin.com News
- CryptoVideos brief published
- 1 more publisher added to sources
How this brief was made. Our system found this event in 4 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
