🚨BREAKING: Strategy ($MSTR) repurchased $25M worth of STRC preferred shares last week.
🔸 Bought back $25M in STRC shares
🔸 No Bitcoin was bought or sold
🔸 Raised $544M by selling MSTR share

🚨BREAKING: Strategy ($MSTR) repurchased $25M worth of STRC preferred shares last week.
🔸 Bought back $25M in STRC shares
🔸 No Bitcoin was bought or sold
🔸 Raised $544M by selling MSTR share
The latest filing highlights a shift toward balance sheet and capital structure management with no new Bitcoin purchases reported during the period.
$10,000 to deploy right now. What do I buy? $MSTR or $BTC? https://t.co/UpjITq9yF4
Update: $MSTR just executed a $25M $STRC buyback (funded by common issuance).
Textbook version of the signaling move described here - deploy very little capital, support price, retire almost nothing. Thesis holds.
@GrainofSaltSF