Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.
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Summary
- Strategy sold 1,638 BTC, reducing its holdings to 842,138 BTC, and issued 3.01 million MSTR shares to raise $290.6 million.
- The proceeds funded preferred dividends, added $250 million to the USD reserve and helped repurchase 912,143 STRC shares for $81.2 million.
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Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Why it matters:
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
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