Strategy Extends BTC Buying Pause, Allocates $139M to STRC Buyback
- —Last BTC purchase was 4,603 coins at $80,318 in late August
- —Holds 845,050 BTC, with an average purchase price of $75,412
- —$139.3 million spent to buy back 1,420,467 STRC shares
- —Digital Credit Securities buyback limit increased from $1 billion to $2 billion
Why it matters: The pause in purchases by the largest corporate BTC holder weakens one of the key sources of demand in the market.
Source: Bithub