Strategy Spends $192 Million Buying Back Its Preferred Stock, Nearly Nine Times Its Bitcoin Buy

11 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$192M

preferred stock buyback

$BTC

$82,463

-1.7%

Saylor's company spent nearly nine times as much repurchasing its Stretch preferred stock as it did on bitcoin last week, leaving $354.8 million of its $2 billion buyback authorization.