Strategy Buys 1,036 BTC but Spends More Repurchasing Its Preferred Stock Just Under $100

Poin penting

• Michael Saylor's company Strategy acquired 1,036 Bitcoin while allocating a larger amount of capital toward repurchasing its own preferred equity.
• The firm spent $188.3 million buying back Stretch preferred shares at roughly $99.76 per share last week.
• Despite the preferred stock briefly reaching $100 intraday on November 4, the firm chose not to sell any shares.

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