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Strategy Buys 250 BTC but Spends Nine Times More on STRC Buybacks

By Alex Costa for DailyCoin

Picture: DailyCoin

Strategy, the world’s largest corporate holder of Bitcoin (BTC), announced on October 12 that it purchased 250 BTC between October 5 and 11, marking its fourth consecutive week of acquisitions. In the same week, the company spent $192.4 million repurchasing its own STRC preferred shares, roughly nine times more than it spent on bitcoin. Strategy Details Bitcoin Purchase and STRC Repurchase Strategy spent approximately $21.5 million, including fees and other expenses, on the latest purchase, at an average of $86,194 per bitcoin. Continue reading at DailyCoin.

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Bumble is in advanced talks to go private in a deal worth about $1 billion, Reuters reported on Monday, October 12, 2026. Ithaca Holdings is the prospective buyer…

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