News
Strategy spent $193.1M buying STRC and $22.1M buying Bitcoin in Oct 12‑18
Strategy allocated $193.1 million to repurchase STRC and $22.1 million to buy Bitcoin during the period of October 12‑18. The STRC repurchases were funded with existing cash reserves, while the Bitcoin acquisition was largely financed by issuing new MSTR shares. The report notes that the cash flow details are unclear after the coin count, leaving the exact destination of the funds uncertain. Miners experienced an approximate 17 % loss during the same timeframe. Ongoing operating and funding costs persist, and the analysis highlights AI project risks for companies pursuing that business.