Strategy Spends $192 Million Buying Back Its Preferred Stock, Nearly Nine Times Its Bitcoin Buy - Unchained

Strategy buys 250 Bitcoin for $21.5 million, repurchases $192 million in preferred shares

Michael Saylor's Strategy acquired 250 BTC at $86,194 average price, bringing holdings to 848,250 BTC. The company spent nearly nine times more repurchasing its STRC preferred stock than on Bitcoin.