Strategy Inc. has redirected its capital allocation, selling 4.53 million MSTR shares to fund the purchase of STRC shares. The company invested $176.3 million into these shares as part of a broader effort to strengthen its STRC holdings.
The company's Bitcoin reserves have decreased by 2,313 BTC since June. Consequently, the gross Bitcoin per diluted share has declined by 0.46%.
These movements are linked to a preferred-stock repurchase program, which Strategy Inc. has expanded to a total of $2 billion.
