Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666 — SkimNews
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- Strategy bought 1,665 Bitcoin for $143 million, lifting its total holdings to a record 847,666 BTC.
- The company repurchased 1.53 million STRC preferred shares for $151.7 million, using $48.1 million from its USD cash holdings to help fund the buyback.
- The prior week, Strategy acquired 950 BTC for $75.7 million, snapping a two-week buying pause.
- Strategy's "USD Cash" balance fell to $1 billion from $1.05 billion week-over-week after the STRC repurchases consumed $48.1 million.
- A separate dollar reserve, maintained to cover preferred stock dividends and debt interest, declined to $5.02 billion from $5.04 billion after $22.1 million in dividend payments.
Why it matters: Strategy now holds 847,666 BTC — the largest corporate Bitcoin treasury — after spending $143 million on its latest buy. It simultaneously retired 1.53 million STRC shares for $151.7 million, drawing down its USD Cash to $1 billion from $1.05 billion and its separate dividend/interest reserve to $5.02 billion from $5.04 billion.
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