Strategy Forgoes Bitcoin Purchase, Buys Back $205M in STRC
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Strategy spent $205 million repurchasing STRC rather than adding bitcoin, according to Bitcoin.com News.
Strategy passed on a bitcoin purchase, according to a Bitcoin.com News report.
The company instead spent $205 million buying back STRC, directing the reported outlay toward a repurchase rather than additional bitcoin.
The available report did not provide further details about the transaction or explain the decision.
Source: Bitcoin.com News
