Strategy increases BTC holdings by 1,036 BTC, repurchases $188.3 million of STRC

TechFlow reported on November 9 that, according to Strategy's 8-K filing, the company purchased 1,036 BTC for approximately $81.9 million from November 2 to November 8, at an average purchase price of $79,012 per BTC (including fees).

As of November 8, Strategy held 850,364 BTC, with a total purchase cost of approximately $64.16 billion and an average cost of $75,456 per BTC. During the same period, the company repurchased 1,887,464 shares of STRC preferred stock for approximately $188.3 million; the funds for both the BTC purchases and the repurchases came from net proceeds from MSTR share sales.

Source: TechFlow