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Strategy acquires 250 Bitcoin and repurchases $192 million in preferred stock
Strategy has expanded its Bitcoin treasury by acquiring an additional 250 BTC between October 5 and October 11, 2026. The purchase, valued at approximately $21.5 million at an average price of $86,194 per coin, brings the company’s total holdings to 848,250 BTC. The acquisition was funded through the company’s at-the-market offering program and existing cash reserves.
In addition to the cryptocurrency purchase, the company repurchased 1,932,145 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for approximately $192.4 million. This stock repurchase represents a significantly larger capital allocation than the recent Bitcoin acquisition.
Strategy currently maintains approximately $5.5 billion in total USD assets, including $4.88 billion in reserves for dividends and interest. Since beginning its Bitcoin accumulation strategy in 2020, the company has spent nearly $64 billion on BTC, maintaining an average acquisition cost of $75,444 per coin.
Entities
Bitcoin · Michael Saylor · MicroStrategy · Nasdaq · Strategy · U.S. Securities and Exchange Commission