Strategy bought Bitcoin, but spent far more buying back its own shares

Strategy bought 250 Bitcoin in the week ended October 11 and spent almost nine times as much repurchasing its STRC preferred shares. The purchases show the company’s Bitcoin treasury and its financing structure making competing claims on capital. A share…

Source: https://crypto.news/strategy-bought-bitcoin-but-spent-far-more-buying-back-its-own-shares/