BitcoinTreasuries.NET said in a post on X that Strategy used U.S. dollar cash to repurchase $174 million worth of STRC, pushing its cumulative spending on buybacks to more than $1.12 billion. The post added that STRC rose more than 11.9% after the move. It also said Strategy’s balance sheet still covers more than 3.8 years of dividend payments. The update was cited by Odaily in a brief market news item. No additional details on the timing or structure of the repurchase were disclosed in the source text. The figures in the report were limited to the size of the latest buyback, the cumulative amount spent, the post-buyback gain in STRC, and the stated dividend coverage period.
BitcoinTreasuries.NET said in a post on X that Strategy used U.S. dollar cash to repurchase $174 million worth of STRC, bringing its cumulative buyback spending to more than $1.12 billion.
The post said STRC then rose more than 11.9%. It also said Strategy’s balance sheet still covers more than 3.8 years of dividend payments.
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