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Saylor's Strategy buys 267 BTC for $22.1M as STRC buyback cash pile shrinks to $447M
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Michael Saylor’s Strategy (NASDAQ: MSTR) disclosed in its October 19 filing that it paid $22.1 million for 267 BTC during the previous week. During the same week, the firm wrote a $193.1 million check to repurchase its own STRC preferred shares and raised the cap on its digital credit buyback program to $3 billion. Notably,... Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Saylor's continued BTC accumulation signals institutional demand.