Add as a preferred source on GoogleStrategy Adds 267 Bitcoin to Treasury in Weekly Purchase
The company also spent $193 million repurchasing STRC shares. It held 848,517 BTC and $5.3 billion in dollar assets as of Oct. 18.
Strategy added 267 Bitcoin (BTC) to its corporate treasury over the past week, adding to a position that stood at 848,517 BTC as of Oct. 18.
The company also spent $193 million repurchasing STRC shares during the week. The BTC purchase and stock repurchase were separate transactions involving different parts of Strategy’s holdings and capital activity.
Strategy listed $5.3 billion in dollar assets alongside its BTC holdings as of Oct. 18. A corporate treasury is the pool of assets a company holds; the figures provide a snapshot of both the company’s Bitcoin reserve and its dollar assets.
The weekly purchase figure describes BTC added over a period, while 848,517 BTC is the total holding figure at the stated date. Together, the amounts show the scale of the latest Bitcoin addition against Strategy’s existing position, alongside a separate buyback of its STRC shares.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.