Strategy repurchases $188.3M of STRC, raises cash to $146M

Strategy said it repurchased $188.3 million of its STRC shares using funds raised through an at-the-market common stock offering program. The company also increased its U.S. dollar cash holdings to $146 million. According to BitcoinTreasuries, Strategy has enough funds on its balance sheet to pay dividends for more than 3.4 years.