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STRATEGY SPENT $204.9M LAST WEEK, AND NOT even $1 WENT INTO BITCOIN 😱


Strategy's Oct 26 SEC filing shows no bitcoin:native bought or sold from Oct 19 to 25, its first pause since mid-September, and no shares sold through its ATM. Instead it bought back 2,068,459 STRC preferred shares for $204.9M, paid from USD Cash.
The numbers behind the pause:
1. USD Cash fell 46%, from $447.3M to $242.4M in one week. The separate $4.83B USD Reserve for dividends and interest is untouched.
2. Since Oct 1, Strategy has spent ~$664M on STRC buybacks vs $72.3M on 851 BTC. weeks before brought only 250 and 267 BTC.
3. It holds 848,517 BTC at an average $75,446. With BTC near 79,870, that cushion is only ~5.9%.
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BTCBTC-0.67%
STRCSTRC+0.33%


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PtiFollowers
14 hours ago
BTC still chopping?
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Cryptomania_io
15 hours ago
Fair point 🙌
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FoodDeliveryCrowdsourcing
16 hours ago
First Review
Su Zizi misses you, misses you. Is it okay if I want to buy? Kunming, are you taking a break? You... oh, hehe, the young lady in my heart, the long New Year holiday
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