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Strategy makes record $205 million STRC buyback as Strive spends $511 million on Bitcoin

CryptoSlate
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Strategy makes record $205 million STRC buyback as Strive spends $511 million on Bitcoin

Bitcoin treasury firms Strategy and Strive made record purchases last week, but directed their capital toward different assets. While Michael Saylor's Strategy intensified its preferred-stock buybacks, Strive accelerated its Bitcoin accumulation, highlighting diverging priorities in how the companies deploy capital. Strategy's STRC purchases exceed $2 billion Strategy's Bitcoin buying streak ended after five consecutive weeks… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. Bitcoin treasury firms Strategy and Strive made record purchases last week, but directed their capital toward different assets.
  2. While Michael Saylor's Strategy intensified its preferred-stock buybacks, Strive accelerated its Bitcoin accumulation, highlighting diverging priorities in how the companies deploy capital.
  3. Strategy's STRC purchases exceed $2 billion Strategy's Bitcoin buying streak ended after five consecutive weeks… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.