Strategy bought Bitcoin again. It spent more on its own stock.
Why now
Thesis: Strategy splits capital between Bitcoin and itself
Catalyst to watch: Next share sale or BTC purchase disclosure
Main risk: Dilution if share issuance outpaces BTC buys
Why it matters
Treasury-company capital allocation shifting toward buybacks signals changing funding priorities.
Details
Strategy bought Bitcoin again. It spent more on its own stock. Strategy sold 1.47 million shares last week to raise $246.2 million, put $142.7 million into 1,665 Bitcoin, and spent $151.7 million buying back its own STRC preferred. A Bitcoin treasury company put more money into itself than into Bit
Sources
- youtube · 2026-09-28 17:00 UTC