Strategy increases STRC buybacks relative to Bitcoin purchases

According to Cointelegraph, Strategy allocated significantly more funds last week toward repurchasing shares of STRC than toward purchasing Bitcoin. The entity spent $176.3 million on the repurchase of approximately 1.77 million STRC shares and bought 334 Bitcoin for $28.7 million during the same period.

The decision reflects a shift in allocation away from direct Bitcoin acquisition toward internal share buybacks of STRC, indicating a strategic emphasis on capital deployment within the company’s existing equity holdings rather than expanding its Bitcoin portfolio at this time.