money · · Source: Bitcoinist
Strategy Halts Bitcoin Purchases, Spends $205 Million Buying Back STRC Shares Instead
Michael Saylor’s Strategy has temporarily paused its Bitcoin accumulation strategy, choosing to spend approximately $205 million repurchasing its preferred stock instead. The decision marks a shift in the company’s recent capital allocation priorities as it balances its enormous Bitcoin treasury with the financial obligations associated with its preferred shares. Despite skipping its latest weekly Bitcoin […]