TREE NEWS reports: Strategy added 811 bitcoin using proceeds from MSTR share sales, while spending $413.1 million on STRC repurchases since Oct. 19, its last two weekly filings show. That buyback outlay is more than six times what the Michael Saylor-led company spent on bitcoin over the same stretch.
Strategy Buys 811 BTC With MSTR Sales as STRC Buybacks Top $400M
The scale mismatch is the story: Strategy is now directing far more capital to retiring STRC than to accumulating bitcoin, a reversal of the treasury-company playbook that made it a proxy for BTC demand. That matters for holders of both MSTR and STRC, since it signals balance-sheet management around its preferred instruments is taking priority over incremental coin purchases. Whether this repurchase-heavy posture persists across coming weekly filings, and whether bitcoin accumulation stays this modest, is the open question for anyone tracking Strategy as a demand source.
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