Bullish

Strategy Holds 843,800 BTC as STRC Repurchases Begin

2026-07-28 09:30:00

Strategy accumulates 843,800 BTC and initiates $25M STRC buyback. US Senate shelves Clarity Act while Anthropic opposes open-source bans.

Woofun AI reports that Strategy holds 843,800 BTC with USD reserves rising to $3.75 billion, while total ETH holdings reach 5,787,400. Bitmine added 9,946 ETH last week and repurchased 6.1 million common shares. Michael Saylor stated another $975 million is available for preferred stock, planning regular purchases when STRC is below $100. Strategy executed its first repurchase of 288,900 STRC shares for $25 million.

In regulatory developments, the US Senate temporarily shelves the Clarity Act, with voting potentially starting next week, while the New York Attorney General warns it could weaken state-level crypto enforcement. South Korea's single-stock leveraged ETF daily trading volume drops below 10 trillion won amid cooling activity before new rules. Kalshi and Polymarket secure a temporary stay on the Minnesota prediction market ban. Anthropic opposes a complete ban on open models, advocating instead for restrictions on chips and model distillation.

WOOFUN AI

Impact Assessment · Quick Read

Strategy's initial STRC repurchase signals active capital management and potential support for the token price floor if levels remain below $100. The shelving of the Clarity Act introduces regulatory uncertainty, potentially delaying federal clarity while state-level enforcement risks persist. Gains for prediction markets in Minnesota may encourage broader institutional participation despite ongoing legal challenges.
Generated by WOOFUN AI · For reference only, not investment advice

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