Strategy sells $105M in Bitcoin, buys back $81.2M of STRC preferred stock

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Strategy reduced its Bitcoin holdings last week by selling 1,638 coins worth approximately $105 million. The company simultaneously repurchased $81.2 million of its STRC preferred stock. To raise capital, Strategy also sold common stock, generating $290.6 million in proceeds. The moves reflect the firm's continued active management of its balance sheet across both equity and crypto assets.

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