Strategy has bought 2.3 million STRC shares in three weeks while increasingly using Bitcoin sales to finance the intervention.
- Strategy is actively repurchasing its preferred stock (STRC) and has acquired approximately $214.8 million in shares over three weeks, aiming to bring it closer to its $100 target.
- The company is increasingly using sales of its Bitcoin treasury to finance these STRC buybacks, having sold approximately $213.3 million in Bitcoin over the past two weeks.
- Concurrently, Strategy has significantly increased its U.S. dollar reserves to a record $4.65 billion through common stock issuance, providing liquidity for dividends and debt obligations.
Topics: Asset types, Institutional adoption, Public debt, Financial instruments, Asset manager initiatives, Tokenized us treasuries
Tags: #strategy #strc #bitcoin #preferredstock #sharerepurchase #treasury #digitalcreditsecurities #dividend #cashreserves