Strategy skips Bitcoin purchases, spends $205M on STRC buybacks — SkimNews
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- Strategy made no Bitcoin purchases or sales last week and sold no stock through its at-the-market offering program, disclosing the pause in a Monday filing with the SEC.
- Strategy repurchased 2.07 million STRC shares between Monday and Friday for $204.9 million.
- Strategy’s USD Cash balance fell around 46% from $447.3 million to $242.4 million, while its broader U.S. dollar reserve remained unchanged at $4.83 billion.
- Bitcoin holdings stayed at 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per coin; BTC traded around $79,992 at Monday’s U.S. equities open.
- Strategy has spent about $664 million repurchasing STRC shares since October began, versus $72.3 million buying 851 BTC.
- Bitcoin fell toward $80,000 last week after reaching $84,777 on Wednesday, the market move that accompanied Strategy’s pause in Bitcoin transactions.
- MSTR fell 2.2% to $142.80 in Monday premarket trading, while STRC edged down 0.01% to $99.35, according to Yahoo Finance.
Why it matters: For STRC holders, Strategy’s $204.9 million share repurchase cut USD Cash 46% to $242.4 million even as the broader $4.83 billion reserve stayed flat. The larger October outlay shows buybacks—not Bitcoin purchases—have dominated Strategy’s capital deployment, making the cash reduction the clearest material change.
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