Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares

Published by Poonam on

Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares

Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys.

Categories: food

0 Comments

Leave a Reply

Avatar placeholder

Your email address will not be published. Required fields are marked *

Related Posts

food

Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat

Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December.

food

BlackRock Bitcoin ETF outflows hit $1.66B over seven trading sessions

US spot Bitcoin ETFs shed $201 million Monday, with seven straight sessions of net withdrawals from BlackRock’s IBIT totaling $1.66 billion.

food

BitGo Q3 profit nearly doubles on crypto gains as revenue falls 51%

BitGo’s $71 million unrealized gain on its crypto holdings helped nearly double its net income, but revenue and earnings came in below preliminary analyst expectations.