Strategy raises $283.8M via share sale, STRC buyback expenditure exceeds Bitcoin accumulation
According to WuBlockchain, Strategy sold 2.05 million shares of MSTR stock between November 2 and November 8, raising $283.8 million. During the same period, the company purchased 1,036 Bitcoin for $81.9 million at an average price of $79,012, and bought back 1.89 million shares of STRC preferred stock for $188.3 million. As of November 8, Strategy held 850,364 Bitcoin with a total cost of approximately $64.16 billion at an average price of $75,456, alongside $4.77 billion in U.S. dollar reserves and $146.2 million in cash.
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