Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at 13 Oct, 11:00 UTC

Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its STRC preferred shares. On Oct. 12, the Michael Saylor-founded company disclosed that it acquired just 250 Bitcoin for about $21.5 million between Oct. 5 and Oct. 11…