Strategy Buys Back Stock, Skips Bitcoin Purchase

Strategy has paused its Bitcoin acquisitions for a second consecutive week, leaving its current stack of 845,050 BTC untouched. According to a Monday SEC filing, the Bitcoin treasury firm instead focused on buying back $139 million of its own STRC preferred stock. This represents a slight decrease in the pace of stock buybacks compared to the $176 million spent during the previous week, as the company prioritizes equity over increasing its digital asset holdings.