HomeCrypto NewsBitcoinStrategy Buys 250 BTC, Taking Holdings to 848,250 BTC, and Repurchases $192.4M...

Strategy Buys 250 BTC, Taking Holdings to 848,250 BTC, and Repurchases $192.4M of STRC Preferred Stock

CONFIRMED: Strategy’s own release, 12 October 2026, covering 5 to 11 October 2026.

Strategy (Nasdaq: MSTR) bought 250 bitcoin for $21.5 million between 5 and 11 October 2026, at an average price of $86,194 per bitcoin, including fees and expenses [1].

As of 11 October 2026, Strategy holds 848,250 BTC. It bought them for $64.00 billion in total, an average of $75,444 per bitcoin [1].

How it paid

  • $21.0 million came from selling 125,183 MSTR shares through its at-the-market (ATM) program, which lets the company sell new shares gradually on the market [1].
  • $0.5 million came from “USD Cash” [1].

STRC repurchase

Strategy also repurchased 1,932,145 shares of STRC for $192.4 million [1]. STRC is Strategy’s “Variable Rate Series A Perpetual Stretch Preferred Stock”: a preferred stock, which the company says pays dividends supported by its USD Reserve [1].

After the purchase, $354.8 million remains available to buy back Strategy’s preferred stock, and $1.0 billion remains available to buy back MSTR stock [1].

Cash balances

As of 11 October 2026, the USD Reserve stood at $4.88 billion and USD Cash at $640.5 million [1]. Strategy says the USD Reserve is meant to support dividends on its preferred stock and interest on its debt, while USD Cash can be used for purposes including buying bitcoin [1].

Sources

  1. Strategy, “Strategy Acquires 250 BTC and Repurchases $192 Million of STRC”, Business Wire via Stockhouse, 12 October 2026. https://stockhouse.com/news/press-releases/2026/10/12/strategy-acquires-250-btc-and-repurchases-192-million-of-strc

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