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Strategy expands digital credit buyback program to $3 billion
Strategy has increased the authorization for its Digital Credit Securities Repurchase Program from $2 billion to $3 billion. The expansion covers preferred securities, including STRC, STRF, STRK, and STRD.
During the week of October 12 to October 18, the company acquired 267 Bitcoin (BTC) for approximately $22.1 million at an average price of $82,900 per coin. This purchase was primarily funded through the sale of 140,872 shares of MSTR Class A Common Stock, which raised roughly $22 million, supplemented by $100,000 in available cash.
Simultaneously, Strategy repurchased 1,938,780 shares of its STRC preferred stock for a total of $193.1 million. Following these transactions, the company’s total Bitcoin holdings have risen to 848,517 BTC, representing approximately 4.22% of the total circulating supply. The company reported $5.3 billion in USD assets, consisting of a $4.83 billion reserve for preferred dividends and debt interest, and $447.3 million in flexible USD cash.
Entities
Bitcoin · MSCI · Michael Saylor · MicroStrategy · ParaFi · ParaFi Capital · SEC · Strategy · Strategy Inc · Strive
Claims
What the coverage asserts, and how many sources carry each claim.
- [DISPUTED] The company repurchased 1.94 million shares of STRC preferred stock for $193.1 million. blockzeit.com · www.cryptopolitan.com · coinpaper.com · www.crypto-news-flash.com · bitcoinbasis.de · +2 more
- [● 3 SOURCES] The current variable dividend rate for Strategy's STRC preferred stock is 12%. www.tokenpost.kr · cryptobriefing.com
- [● 7 SOURCES] Strategy's board expanded its digital credit securities repurchase program from $2 billion to $3 billion. www.cryptopolitan.com · coinpaper.com · www.crypto-news-flash.com · ethnews.com · bitcoinbasis.de · +2 more
- [● 2 SOURCES] Michael Saylor envisions a Bitcoin-backed financial system that could eventually reach $100 trillion in scale. www.tokenpost.kr · news.bitcoin.com
- [● 9 SOURCES] Strategy purchased 267 BTC for $22.1 million at an average price of $82,900 per coin. blockzeit.com · www.cryptopolitan.com · bitcoinbasis.de · coinpaper.com · criptoinforme.com · +4 more
- [DISPUTED] Strategy holds 848,517 BTC, representing approximately 4.22% of the total Bitcoin circulating supply. blockzeit.com · coinpaper.com · crypto.news · www.cryptopolitan.com · ethnews.com · +5 more
- [● 2 SOURCES] MSCI has proposed new criteria that could classify non-operating companies as ineligible for its Global Investable Market Indexes. mycryptoparadise.com
- [● 7 SOURCES] Michael Saylor hinted at further Bitcoin accumulation via a social media post featuring a purchase chart. crypto.news · news.bitcoin.com · bitcoinbasis.de · mycryptoparadise.com · ambcrypto.com
- [○ 1 SOURCE] Strategy reported $5.3 billion in USD assets, including a $4.83 billion reserve for preferred dividends and debt interest. www.crypto-news-flash.com
- [DISPUTED] Strategy funded its recent Bitcoin purchase primarily by selling 140,872 shares of MSTR Class A Common Stock. bitcoinbasis.de · blockzeit.com · econotimes.com · www.cryptopolitan.com