Strategy Shares Rise After $3 Billion Digital Credit Securities Buyback Authorization

MT Newswires Live10-19 21:17

Strategy (MSTR) shares were up 2% in Monday premarket activity after the company's board approved an increase in its digital credit securities repurchase program to $3 billion from $2 billion.

Following the approval, the bitcoin treasury company had $1.16 billion available under its digital credit securities repurchase program as of Oct. 18, according to an 8-K filing with the US Securities and Exchange Commission.

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