Strategy Bitcoin buying stops again as $176 million goes to preferred stock
Strategy Bitcoin buying has already gone quiet again.Just one week after returning to the market with a $370 million Bitcoin purchase, Strategy bought zero BTC during the seven days ending September 7. Instead, the company spent $176.3 million repurchasing its own preferred stock, shifting attention from expanding its Bitcoin holdings to managing the securities tied to its capital structure.The purchases focused entirely on STRC, Strategy’s variable-rate perpetual preferred stock. The comp