News · Crypto · Bitcoin

Strategy Resumes Bitcoin Purchases With $66M Buy as Treasury Holdings Grow

Nova Global News

Here is what the page “Strategy Resumes Bitcoin Purchases With $66M Buy as Treasury Holdings Grow” contains. Strategy, the business intelligence firm formerly known as MicroStrategy, has resumed its bitcoin acquisition strategy with a $66 million purchase, reinforcing its position as one of the largest corporate holders of the cryptocurrency. The company, led by Executive Chairman Michael Saylor, continues The company, led by Executive Chairman Michael Saylor, continues to execute its treasury reserve policy despite market volatility.

This latest buy adds to its substantial bitcoin holdings, which now exceed 500,000 BTC, valued at tens of billions of dollars. In addition to the bitcoin purchase, Strategy announced a $208.2 million buyback of its STRC preferred stock, a move that reduces outstanding shares and signals confidence in its capital structure. The buyback has lowered the company’s USD cash balance to $132.7 million, reflecting a deliberate allocation of resources toward both digital assets and shareholder returns. The full version stays on the original page, which this listing opens directly.

Open on Nova Global News

More in Bitcoin

← Crypto