Strategy Buys 811 Bitcoin for $65.5 Million, Repurchases $208 Million in STRC

Strategy resumes Bitcoin purchases with an 811 BTC acquisition while spending $208 million buying back STRC preferred stock. Strategy has purchased 811 Bitcoin for approximately $65.5 million while spending another $208.2 million repurchasing its STRC preferred shares. While last week’s underwhelming earnings report marred MSTR price performance, the latest BTC purchase has sent the Strategy stock on a rally at market open. According to an official disclosure , Michael Saylor’s Strategy has purchased 811 BTC, adding more coins to an already sweltering balance sheet.