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Strategy Resumes Bitcoin Buys
Strategy, a Bitcoin treasury firm, resumed its Bitcoin purchases with a $65.5 million purchase of 811 BTC. The firm also bought back 2,092,035 shares of STRC preferred stock for $208.2 million, bringing its total holdings to 849,327 BTC. USD Cash, the pool used for Bitcoin purchases, fell to $132.7 million from $242.4 million a week earlier. The firm's USD Duration, a measure of how long these assets could cover dividends and interest, stood at 3.3 years.