WireMacro
Strategy used $139.3 million in cash to buy back preferred shares, not bitcoin
Crossed the Wire · 16:45 UTC · at block 966,992Source published · 12:02 UTC
Strategy repurchased 1,420,467 STRC preferred shares for $139.3 million between September 8 and 13, using its USD Cash balance, according to its September 14 filing. It reported no bitcoin purchases or sales and no at-the-market share issuance during that period. Its reported holdings remained approximately 845,050 BTC. Separately, it listed a $5.10 billion USD Reserve intended for dividends and interest and $1.30 billion in USD Cash. The repurchase used USD Cash, not the separately identified USD Reserve.
Primary record: x.com