STRATEGY REPURCHASES $176.3 MILLION IN STRC, DOUBLES PREFERRED STOCK BUYBACK TO $2 BILLION
Strategy has repurchased 1.81 million STRC shares from August 31 to September 7, with no Bitcoin transactions and no new share issuances through its ATM program during the period.
The company continues to hold 845,050 BTC, acquired for $63.73 billion at an average cost of $75,412 per coin.
Additionally, Strategy has doubled its digital credit securities repurchase authorization to $2 billion, with $1.19 billion still available under the expanded program.
Its USD Reserve now totals $5.10 billion, alongside $1.44 billion in USD Cash.
Source: https://x.com/BitcoinNewsCom/status/2097307881636860169
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