Strategy Buys 250 More Bitcoin, Repurchases Preferred Stock

Hyperdash NewsCrypto

Strategy (

Strategy (MicroStrategy)) has purchased an additional 250 Bitcoin for $21.5 million, at an average price of $86,194 per coin. The company's total Bitcoin holdings now stand at 848,250 Bitcoin, acquired for approximately $64 billion. Strategy also repurchased $192.4 million of its Strategy Preferred Stock preferred shares.

This latest acquisition continues Strategy's established strategy of accumulating Bitcoin. The share repurchase indicates a move to consolidate ownership or return value to preferred shareholders. On Hyperdash,

Bitcoin is down -0.02%, Strategy (MicroStrategy) is up +0.01%, and Strategy Preferred Stock is up +0.00% since the news.

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