Phong Le says Strategy has purchased about 175,000 BTC this year while selling roughly 7,000 as it balances its treasury strategy with shareholder obligations.

Strategy sold about $109 million in Bitcoin, continuing a strategy of using part of its Bitcoin treasury to support its preferred stock.

Strategy sold $109M in Bitcoin to buy back stock, boosting liquidity. STRC hitting $100 by December 31 at 74% YES.