Follow UsStrategy Pauses Bitcoin Buying, Spends $205M Buying Back STRC
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26 Oct, 13:24
Source: Decrypt
AI Summary
MicroStrategy pauses direct Bitcoin purchases and allocates $205M toward repurchasing its convertible notes, reducing its USD cash balance to $242.4M.
The Bitcoin treasury firm's USD Cash balance fell to $242.4 million after its biggest weekly STRC buyback in more than a month.