Strategy makes another addition to its Bitcoin holdings, buying $22 million worth of the cryptocurrency. The purchase is the sixth since August and continues the company’s recent pattern of adding to its treasury after earlier Bitcoin sales earlier in the year.
Alongside the Bitcoin buy, Strategy also increases its share repurchase activity. Multiple outlets report that the company buys back shares of STRC, with one figure putting the repurchase amount at $193 million and another detailing the number of shares returned to shareholders. The company also raises the cap on its preferred stock buyback program to $3 billion. Reports also cite updated treasury holdings, including a stated total Bitcoin balance and an average purchase price for those holdings.
While the coverage aligns on the size of the Bitcoin purchase, the expansion of the buyback program, and the approximate scale of STRC repurchases, the outlets differ in the specific framing and figures emphasized, such as the exact share count versus the dollar amount.
