Strategy repurchases $205M of STRC preferred stock
- —Repurchased $205 million of STRC preferred shares
- —Bitcoin holdings stand at 848,517 BTC as of Oct. 25
- —Dollar assets total $5.1 billion
- —STRC is a variable-rate perpetual preferred stock
Why it matters: The buyback trims dividend obligations on the preferred and signals Strategy retains liquidity while its bitcoin stack stays unchanged.
Source: PANews