Strategy Allocates $208.2M to STRC Buybacks, Triple Its Weekly Bitcoin Spend

Strategy, the business intelligence firm formerly known as MicroStrategy, spent $208.2 million repurchasing its STRC preferred shares last week, according to public disclosures. That figure is more than three times the $65.5 million the company allocated to Bitcoin purchases during the same period. The company also added $98.5 million to its USD cash balance, signaling a diversified capital deployment strategy beyond its well-known Bitcoin treasury operations. The buyback activity suggests management sees STRC shares as undervalued relative to the company's outlook, and it may be aimed at supporting the preferred equity's market price. For investors tracking Strategy's evolving balance sheet, this marks a notable shift in emphasis from pure Bitcoin accumulation toward shareholder returns and liquidity management. The move could influence perceptions of the company's long-term capital allocation priorities as it continues to hold a substantial cryptocurrency position.