Saylor Fires $176M at STRC as Strategy Doubles Buyback War Chest

Strategy repurchases $176M in STRC stock, doubles buyback program to $2B

Michael Saylor's Strategy (formerly MicroStrategy) repurchased $176 million of its STRC preferred shares and expanded its Digital Credit Securities Repurchase Program from $1 billion to $2 billion. The company skipped its typical weekly Bitcoin acquisition to focus on the stock buyback.