Strategy spent six times more on STRC buybacks than on Bitcoin purchases
- —Strategy bought 334 BTC for $28.7 million, lifting holdings to about 848,000 BTC
- —STRC buyback of 1.77 million shares cost $176.3 million, six times the BTC purchase
- —Proposal would pay dividends daily on STRC, STRF, STRK and STRD
- —Shareholders vote on the new dividend schedule on October 28
Why it matters: The shift highlights how Strategy is balancing Bitcoin accumulation with preferred-stock management, a key factor for its valuation and future BTC demand.
Source: DiarioBitcoin