Storyline
Strategy sells Bitcoin for stock buyback program
Strategy sold 1,690 Bitcoin (approximately $108.6-109 million) and used the proceeds to repurchase its own shares (STRC/MSTR), while simultaneously building its US dollar reserve to over $4.6 billion. The transaction marks a departure from the company's previous pattern of accumulating Bitcoin holdings.
StrategyBitcoinSTRC sharesUS dollar reserve