Bitcoin
Strategy turns 1,690 BTC into $108.6M STRC buyback
Cointelegraph·August 10, 2026·1 min read
Strategy sold 1,690 Bitcoin to repurchase STRC shares, converting the crypto into a $108.6 million buyback. The company's US dollar reserve rose to $4.65 billion, while its Bitcoin holdings fell to 840,447 BTC. This move reduces its crypto exposure while increasing cash reserves, signaling a shift in capital allocation.
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