The company behind the STC token has made significant moves in the past week. Strategy sold another $105 million of bitcoin last week, bringing its total revenue from bitcoin sales to $240 million so far this year.
Source
"Strategy Repurchases Tokens After Unloading Bitcoin for $105 Million" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
The strategy also repurchased STRC tokens worth $81.2 million, indicating a shift towards supporting its own token as opposed to holding onto bitcoin.
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