Strategy sells 1,690 Bitcoin to fund STRC buyback as dollar reserve hits $4.65B
Dragging its Stretch (STRC) preferred shares back to par value at $100 remained the priority for chief executive Michael Salor and Strategy (NASDAQ: MSTR) as the firm reported that it allocated 100% of the $108. 6 million it raised from selling 1,690 Bitcoins last week to buying back STRC. Strategy raised another $653. 1 million by selling. . .