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Strategy Buys 250 Bitcoin and Repurchases $192 Million in Preferred Shares

Published by
Qadir AK

Strategy acquired 250 BTC for $21.5 million at an average price of $86,194 per Bitcoin, bringing its total holdings to 848,250 BTC. The company has spent approximately $64 billion acquiring Bitcoin at an average cost of $75,444 per coin. Separately, Strategy repurchased $192.4 million in STRC preferred shares. It also reported $4.88 billion in USD reserves and an additional $640.5 million in cash, providing liquidity alongside its large Bitcoin holdings.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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