Strategy buys another 1,665 BTC, but this week's story is also in its MSTR shares
Strategy has added another 1,665 BTC to its treasury for $142.7 million. The familiar headline hides a more interesting capital flow. Between September 21 and September 27, the company sold 1,469,165 MSTR shares, used part of the resulting $246.2 million to buy bitcoin, then directed the remainder — supplemented with cash — toward repurchasing STRC preferred stock. Bitcoin is still accumulating, but it now shares the stage with the capital management required to support the financial structure Strategy has built around it.