Strategy Buys 811 BTC for $65.5M, Repurchases $208.2M in Preferred Stock According to an SEC Form 8-K filed on November 2, Strategy purchased 811 BTC for approximately $65.5…
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Strategy Buys 811 BTC for $65.5M, Repurchases $208.2M in Preferred Stock According to an SEC Form 8-K filed on November 2, Strategy purchased 811 BTC for approximately $65.5 million between October…
Strategy Buys 811 BTC for $65.5M, Repurchases $208.2M in Preferred Stock According to an SEC Form 8-K filed on November 2, Strategy purchased 811 BTC for approximately $65.5 million between October 26 and November 1, at an average price of $80,846 per BTC. As of November 1, the company held 849,327 BTC, acquired for a total of approximately $64.08 billion at an average cost of $75,451 per BTC. During the same period, Strategy sold approximately 1.18 million shares of MSTR common stock, generating $164 million in net proceeds, of which $65.5 million was used to purchase Bitcoin and $98.5 million was allocated to USD Cash. The company also repurchased approximately 2.09 million shares of its STRC preferred stock for $208.2 million.
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