Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC

CoinDesk·

Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC

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Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of its own shares, STRC, trimming 1,638 coins from its holdings. The company raised $290.6 million with common stock sales, a move that could impact its cash reserves and potentially influence future investment decisions in the cryptocurrency market.

The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.