Strategy’s discretionary cash falls 72% as buyback authorization rises to $3 billion

2 outlets reporting

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$447.3M

discretionary cash

$BTC

$81,774

+1.1%

Strategy's discretionary USD Cash fell to $447.3 million as the company spent another $193.1 million on STRC buybacks and raised its preferred-stock repurchase authorization to $3 billion. The Michael Saylor-led company disclosed on Oct.…