According to Cointelegraph, Strategy did not make any Bitcoin purchases or sales during the week in question. Instead, it conducted a preferred stock buyback of its STRC shares, which reduced its USD cash balance by 46%, bringing it down to $242.4 million. The financial impact of the buyback is reflected directly in the decrease of cash holdings. No additional actions related to Bitcoin were taken during this period. The decision appears consistent with a focus on internal capital allocation through the STRC buyback mechanism.
Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million.
