Strategy Pauses Bitcoin Buying, Spends $205M Buying Back STRC

Strategy, a Bitcoin treasury firm, paused Bitcoin buying and spent $205 million to repurchase STRC, marking its largest weekly buyback of the instrument in more than a month. After that transaction, the company’s USD Cash balance fell to $242.4 million. The buyback and the halt in Bitcoin purchases were part of Strategy’s same weekly activity, with the final cash figure reflecting the firm’s position once the STRC repurchase was completed.