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Strategy Buys 1,036 Bitcoin, Spends $188M on STRC Buybacks
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 last week by selling MSTR common stock through an at-the-market offering program. The company deployed $81.9 million of these proceeds toward the Bitcoin purchase.
- Strategy simultaneously repurchased $188.3 million of STRC preferred shares during the period, reducing stock entitled to future dividends. The remaining $13.6 million from proceeds was allocated to USD Cash.
- Following the disclosure, MSTR shares fell 3% to $125 in Monday premarket trading, while STRC edged down 0.06% to $99.7. Separately, Strive CEO Matt Cole announced the company acquired 29 BTC for approximately $2.2 million.
- Strategy's total Bitcoin holdings now represent a combined purchase cost of $64.16 billion, with an average acquisition price of $75,456 per coin. These holdings account for roughly 4.05% of Bitcoin's maximum 21 million supply.
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Saylor's followers have questioned so many purchases of STRC in recent weeks Source: Strategy makes new purchase of Bitcoin, but STRC remains its priority See more news about Bitcoin. Follow Livecoins on Facebook, Twitter, Instagram and YouTube.
Strategy Buys Bitcoin Below Cost, Spends Double on STRC
Strategy buys Bitcoin again, adding 1,036 BTC and lifting its holdings above 850,000 coins. The company spent more than twice as much buying back STRC preferred shares. Bitcoin now trades below the average price Strategy has paid across its treasury. Sales of MSTR common shares paid for both the Bitcoin and the preferred buyback. Strategy, the Bitcoin treasury company led by executive chairman Michael Saylor, bought 1,036 BTC for $81.9 million b…
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