Strategy bought 1,665 bitcoin for $142.7 million this week, bringing its holdings to 847,666 BTC. It raised $246.2 million by selling 1.47 million MSTR shares; $103.5 million of the proceeds and $48.1 million from flexible cash went to repurchase STRC preferred stock.
Strategy spent more on the STRC repurchase ($151.7 million) than on bitcoin ($142.7 million), the video said. It ended the week with a $5.02 billion reserve limited to expenses and another $1 billion in flexible cash that can be used for bitcoin or stock repurchases.
