06
Tue, Oct

Strategy Sells Another $109M in Bitcoin to Buy Back STRC

Strategy Sells Another $109M in Bitcoin to Buy Back STRC

Crypto News
Strategy Sells Another $109M in Bitcoin to Buy Back STRC
  • A Separate Bitcoin-sale Bucket: Once again, these sales did not count towards replenishing the USD Reserve for funding dividend payments, but rather under the $1 billion Digital Credit Securities Repurchase Program. Strategy has now used $214.8 million of that particular authorization, leaving $785.2 million available, while its separate $1.25 billion allowance for selling BTC to build the USD Reserve remains untouched.

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