Strategy Buys 1,036 Bitcoin, Repurchases $188M in STRC
The company funded the moves with $283.8 million from common-stock sales and now holds 850,364 bitcoin, according to its filing.
- Strategy purchased 1,036 BTC for approximately $82 million between November 2 and November 8, 2026, according to a Securities and Exchange Commission filing. Executive Chairman Michael Saylor confirmed the acquisition, bringing total holdings to 850,364 BTC.
- To fund the acquisition, Strategy raised $283.8 million in net proceeds by selling MSTR common stock through an at-the-market offering program. The company allocated $81.9 million of proceeds to Bitcoin purchases.
- Strategy simultaneously repurchased $188.3 million of STRC preferred shares during the period, while allocating the remaining $13.6 million to its USD Cash balance. Both transactions reduced future dividend obligations.
- Following the disclosure, MSTR shares fell 3% on Monday premarket trading while STRC edged down 0.06%. Separately, Strive CEO Matt Cole announced the company acquired 29 BTC for approximately $2.2 million.
- Strategy's combined Bitcoin holdings now have a purchase cost of $64.16 billion at an average acquisition price of $75,456 per coin. These holdings represent roughly 4.05% of Bitcoin's maximum 21 million supply.
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Strategy Buys 1,036 BTC but Spends More Repurchasing Its Preferred Stock Just Under $100
Strategy spent $188.3 million buying back its own STRC preferred stock in the week ended Nov. 8, more than twice the $81.9 million it put into bitcoin, the company disclosed in a Form 8-K on Monday. Both came out of sales of its Class A common stock. Through its at-the-market (ATM) program, which lets it issue shares straight into the market, Strategy sold 2,051,348 MSTR shares for $283.8 million after commissions. About two-thirds of that money…
CryptoTendence Last week, the cryptocurrency treasury firm, Strategy, operated a new purchase of bitcoin valued at $81.9 million.The entry Strategy acquires more bitcoin and expands its reserves above the 850,000 coins was first published in CryptoTendencia.
Key Points of the News Strategy Reserves: Strategy acquired BTC 1,036 for $81.9 million last week at an average price of $79,012 per coin, raising its total Bitcoin treasury to 850,364 BTC. Strategy's capital allocation: The company continued to balance Bitcoin's accumulation with an aggressive stock buyback. From the company's... Read more
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