Wu Blockchain (@WuBlockchain): Strategy Reaches 848,000 BTC While Spending $176M on STRC Buybacks
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Strategy Reaches 848,000 BTC While Spending $176M on STRC Buybacks Strategy said it acquired 334 BTC for $28.7 million at an average price of $85,839 between October 1 and 4, bringing total holdings to 848,000 BTC at an aggregate cost of about $63.97 billion. The purchase was funded with $15.7 million from MSTR share sales and $13 million in cash. Strategy also repurchased about $176.3 million of STRC shares between September 28 and October 4. For Q3, the company estimates a $20.91 billion gain on digital assets, with its bitcoin holdings carrying a value of $70.82 billion as of September 30.