Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week

12 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$192.4M

STRC buybacks

$BTC

$83,256

0.0%

Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its STRC preferred shares. On Oct. 12, the Michael Saylor-founded company disclosed that it acquired just 250…