Strategy raises $525M but skips Bitcoin purchase for fifth straight week

Strategy, the Bitcoin treasury firm, raised $525 million to bolster its cash reserves but skipped a Bitcoin purchase for the fifth consecutive week. The company also made the first use of its $1 billion preferred share buyback programme, spending $25 million to repurchase STRC shares.

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🪙 Crypto Schwab analyst: Strategy bought itself time by raising STRC dividend to 12% and launching $2bn buyback Bitcoin Magazine · 19d ago 🪙 Crypto Strategy skips Bitcoin for fifth straight week, buys back $25M of its own STRC stock Bitcoin Magazine · 20h ago 🪙 Crypto Strategy Buys Back Preferred Shares and Builds Massive Cash Reserve BitHub.pl · 21h ago

More on this topic

🪙 Crypto Schwab analyst: Strategy bought itself time by raising STRC dividend to 12% and launching $2bn buyback Bitcoin Magazine · 19d ago 🪙 Crypto Strategy skips Bitcoin for fifth straight week, buys back $25M of its own STRC stock Bitcoin Magazine · 20h ago 🪙 Crypto Strategy Buys Back Preferred Shares and Builds Massive Cash Reserve BitHub.pl · 21h ago