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Bitcoin Slips as Strategy Pauses Buying and Doubles Buyback Budget

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The Story

News Summary

  • Strategy paused Bitcoin acquisitions for a second consecutive week, maintaining holdings at 845,050 BTC.
  • The firm instead expanded its preferred securities buyback program to $2 billion, funding $176.3 million in STRC repurchases from cash reserves, removing near-term institutional buying pressure from Bitcoin markets.
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