Strategy buys 250 bitcoin and repurchases $192 million of STRC preferred
Strategy kept its dual playbook running: a modest bitcoin add funded mostly with common-stock ATM sales, and a much larger preferred-stock buyback. The company said that in the week ended Oct. 11 it purchased 250 bitcoin and separately repurchased about $192 million of its variable-rate STRC preferred, according to an 8-K furnished Monday.
Bitcoin and ATM sales
From Oct. 5 through Oct. 11, Strategy bought 250 BTC for an aggregate $21.5 million, or about $86,194 apiece including fees, the release says. That lifted its holdings to 848,250 bitcoin with an aggregate purchase price of $64.00 billion and an average purchase price of $75,444.
Most of the bitcoin check was funded with ATM proceeds. Strategy sold 125,183 shares of MSTR Class A common stock for $21.0 million in net proceeds during the same window and said those proceeds went to bitcoin purchases, with another $0.5 million of USD cash covering the rest.
It sold no STRF, STRC, STRK, or STRD preferred under the ATM that week. Capacity left under the programs remained large, including about $18.8 billion of MSTR stock still available for issuance and sale as of Oct. 11.
STRC repurchase
The bigger capital move was on the preferred side. Strategy bought back 1,932,145 shares of STRC (Variable Rate Series A Perpetual Stretch Preferred Stock) for $192.4 million aggregate purchase price in the same Oct. 5-11 period. It reported no repurchases of STRF, STRK, STRD, or MSTR common that week.
About $354.8 million remained available under its digital credit securities repurchase program, and $1.0 billion remained available under its MSTR common repurchase program, the company said.
Cash stockpile
As of Oct. 11, Strategy's USD Reserve — meant to support preferred dividends and interest on debt — stood at $4.88 billion, with separate USD cash of $640.5 million for broader bitcoin-treasury uses.
By the numbers
- BTC bought (Oct. 5-11): 250 for $21.5 million (~$86,194 average)
- Total BTC holdings: 848,250 ($64.00 billion aggregate purchase price)
- MSTR ATM sales: 125,183 shares, $21.0 million net proceeds
- STRC repurchased: 1,932,145 shares for $192.4 million
- USD Reserve / USD cash (Oct. 11): $4.88 billion / $640.5 million
Sources
- Strategy Inc, Form 8-K, Items 7.01 and 8.01, Oct. 13, 2026 (accession 0001193125-26-419726)
- Strategy Inc, Exhibit 99.1, Oct. 12, 2026 (accession 0001193125-26-419726)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
Continue your research with IDD Pro
Get full access to IDD's market intelligence.