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Strategy spent more than twice as much on preferred-share buybacks as Bitcoin. Now comes its MSCI exit

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CryptoSlate
By Liam 'Akiba' Wright
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Strategy spent more than twice as much on preferred-share buybacks as Bitcoin. Now comes its MSCI exit
Photo / Coverage: CryptoSlateCredit: Liam 'Akiba' Wright
EXECUTIVE SUMMARY

The November 30 close creates a financing test after MSTR proceeds funded larger preferred repurchases than Bitcoin purchases during November 2–8. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  • Strategy spent more than twice as much on preferred-share buybacks as Bitcoin.
  • Now comes its MSCI exit.
  • The November 30 close creates a financing test after MSTR proceeds funded larger preferred repurchases than Bitcoin purchases during November 2–8.

The November 30 close creates a financing test after MSTR proceeds funded larger preferred repurchases than Bitcoin purchases during November 2–8. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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Published originally on CryptoSlate

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CryptoSlate
Strategy spent more than twice as much on preferred buybacks as Bitcoin last week
CryptoSlate
Strategy spent more than twice as much on preferred-share buybacks as Bitcoin. Now comes its MSCI exit

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