BlockBeats news, October 26 - Strategy founder Michael Saylor posted that the company repurchased $205 million worth of STRC last week, while holding 848,517 bitcoins and $5.1 billion in dollar assets.
STRC is a perpetual preferred stock issued by Strategy. This repurchase and the latest asset data reflect that the company is adjusting its capital structure while maintaining a large-scale bitcoin position.
STRC is currently down 0.02% in pre-market trading, at $99.35.
