Content overview: “Strategy Buys 267 Bitcoin for $22M, Repurchases $193M in STRC Shares”. Strategy, the business intelligence firm formerly known as MicroStrategy, has acquired an additional 267 Bitcoin for approximately $22 million, reinforcing its position as the largest corporate holder of the cryptocurrency. The purchase was disclosed alongside a significant repurchase of its own preferred stock, with the company buying back 1.94 million shares of STRC for $193 million. The buyback is part of an expanded preferred stock repurchase program that has been increased to $3 billion, signaling strong confidence in its capital structure and long-term strategy.
The Bitcoin acquisition comes at a time of heightened market volatility, yet Strategy continues to accumulate the digital asset under the leadership of Executive Chairman Michael Saylor. The move underscores the company's dual focus on leveraging its balance sheet for Bitcoin exposure while actively managing its equity and preferred shares to enhance shareholder value. The full version stays on the original page, which this listing opens directly.