Strategy Inc., under the leadership of Michael Saylor, has acquired 250 BTC and initiated a repurchase of STRC perpetual preferred stock valued at $192 million. As of October 11, the company reports total holdings of 848,250 BTC and $5.5 billion in USD-denominated assets.
These actions follow a previous period between late September and early October, during which the firm purchased 334 BTC for $28.7 million and allocated $176.3 million toward STRC stock buybacks. The company continues to focus on expanding its bitcoin reserves while simultaneously restructuring its capital base.
Prediction markets currently estimate an 85.5% probability that the STRC stock price will reach $100 by December 31. Investors and market observers are tracking these capital management activities as indicators of the company's ongoing financial strategy and potential impact on asset performance.
