Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC

Strategy bought 250 BTC last week and spent $192.4 million repurchasing its STRC preferred stock, the company said on Monday. The Bitcoin treasury firm paid $21.5 million for the coins between October 5 and October 11, an average of $86,194 per Bitcoin including fees, according to its release. It now holds 848,250 BTC , a new record, acquired for a total of $64 billion at an average of $75,444 per coin. Strategy raised $21 million by selling about 125,000 shares of its MSTR common stock through its at-the-market offering program, and used $500,000 of cash to cover the rest.