Strategy Spends Record $204.9M on STRC Buybacks as Cash Falls 84.8%

Strategy spent a record $204.9 million retiring 2.07 million STRC preferred shares last week, pushing buybacks past $2 billion since July. It bought no Bitcoin from Oct. 19 to Oct. 25, holding 848,517 BTC, as unrestricted cash fell 84.8% to $242.4 million. Strive bought a record 6,182 BTC for about $511.4 million, lifting holdings to 43,000 BTC. Investors vote Oct. 28 on daily dividends.