Strategy, led by Michael Saylor, bought 267 Bitcoin between Oct. 12 and Oct. 16 at an average price of $82,900, for about $22.1 million, lifting its holdings to 848,517 BTC. In the same period it repurchased 1.94 million shares of its Stretch (STRC) preferred stock for $193.1 million. Its board raised the digital credit securities repurchase authorization to $3 billion from $2 billion, leaving $1.16 billion available as of Sunday. The Bitcoin purchases were funded mainly by $22 million from selling 140,872 shares of its common stock, MSTR, while the STRC repurchases used existing cash.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/18/2026 | 82,116.00 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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