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Strategy (MSTR) Stock Sells Bitcoin for Second Week to Repurchase STRC Preferred Stock
By Trader Edge at 2026-08-11 04:39
Sentiment: Unknown
TLDR Strategy sold 1,690 BTC for $108.6 million to repurchase 1.15 million STRC preferred stock units. The company’s US dollar reserve climbed to $4.65 billion, covering roughly 2.7 years of dividends. Total Bitcoin sales in 2026 now stand at 6,948 BTC, while holdings remain at 840,447 BTC. CEO Phong Le says preferred investors value cash [...] The post Strategy (MSTR) Stock Sells Bitcoin for Second Week to Repurchase STRC Preferred Stock appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks #Tokens
Source Coin Central