The company also repurchased 288,930 variable-rate preferred shares for $25 million, according to the update linked in the post.
Strategy sold 5.43 million shares for $544.5 million and repurchased 288,930 variable-rate preferred shares for $25 million, while its Bitcoin holdings stood at 843,775. The update points to continued balance-sheet activity around the company’s equity and preferred stock as it maintains one of the largest corporate Bitcoin positions.