Morning Edition · Tuesday, July 28, 2026Published at 1:30 AM EDT · New York
Strategy Skips Bitcoin a Fifth Week and Buys Back Its Own Preferred Stock
The company repurchased 25 million dollars of STRC shares instead of adding Bitcoin, as US spot Bitcoin funds saw nearly half a billion dollars of outflows end seven straight days of inflows.
Strategy, the largest corporate holder of Bitcoin, skipped a Bitcoin purchase for a fifth consecutive week and instead conducted a 25 million dollar buyback of its STRC preferred stock, according to a filing. A company built on continuous a…
Continue the Crypto Intelligence Brief
Track on-chain flows, protocol shifts, stablecoins, and regulation.
- 5 crypto intelligence signals a day
- Tracked crypto trends, day over day
- Stablecoin and regulatory movement
- Source-grounded analysis with confidence labels
The Global Intelligence Brief stays free.
Part of a tracked trend
Leveraged Bitcoin Treasury Vehicles Show Financing Strain
Over ~3-9 months, Bitcoin treasury companies face mounting financing stress as their funding instruments trade below par on dividend-coverage doubts, testing the sustainability of the debt/preferred-funded accumulation model.
More from this edition
- Aztec Turns On Private Smart Contracts for Ethereum, Proving on Phones
- WEMIX Freezes Its Network After Owner-Key Breach Mints 5.23 Million Stablecoins
- Ethereum Researchers Confront the AMM Design That Already Runs a Third of Solana Trading
- US Senate Sets Aside Crypto Market-Structure Bill as State Regulators Push Back
- On-Chain Data Points to a Quiet Custody Breach as 5,287 ETH Moves to One Address
- SEC Commissioner's Vault Framework Puts DeFi's Hidden Managers in View
- Regulated Perpetual Futures Arrive in the US as Banks Hold Back
- BitMart Winds Down After Nine Years as Mid-Tier Exchanges Exit
- Stablecoin Supply Fell 7.7 Billion Dollars in June Even as Settlement Volume Set a High
- Federal Judge Blocks Minnesota's Prediction-Market Ban as the Sector Consolidates
- Bitcoin Holds Near 64,000 Dollars as Korean Stocks Fall Before the Fed Decision