Strategy made no Bitcoin purchases or sales last week, instead spending $204.9 million to repurchase about 2.07 million shares of its STRC preferred stock. Its USD Cash balance fell about 46% to $242.4 million from $447.3 million, while its USD Reserve held steady at $4.83 billion. The company still holds 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per coin. Since October began, it has spent about $664 million on STRC buybacks versus $72.3 million for 851 BTC, as Bitcoin fell toward $80,000 after reaching $84,777 on Wednesday.
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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/25/2026 | 80,154.09 |
| Change that session | -0.91% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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- Strategy Pauses Bitcoin Buying, Spends $205M Buying Back STRC
Strategy bought no Bitcoin last week, its first pause since mid-September, and sold no shares through its at-the-market program. The company spent $204.9 million buying back 2,068,459 shares of its variable-rate STRC preferred stock, up from $193.1 million the week before, while its USD Cash balance fell to $242.4 million from $447.3 million. It still holds 848,517 BTC, after buying 267 BTC for $22.1 million the previous week. $956.8 million remains under the $3 billion preferred buyback program, which was raised from $2 billion a week earlier. Separately, Strategy faces possible removal from MSCI's equity indexes under a new rule on “non-operating companies,” which Chairman Michael Saylor has urged MSCI to drop as “discriminatory.”
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Strategy bought 250 BTC for $21.5 million last week at an average of $86,194 per coin, bringing its holdings to a record 848,250 BTC acquired for a total of $64 billion. The company also repurchased 1.93 million STRC preferred shares for $192.4 million, leaving $354.8 million available under its buyback program. The Bitcoin purchase was funded mainly by selling about 125,000 MSTR common shares for $21 million, and as of October 11 Strategy held $5.5 billion in U.S. dollar assets, including a $4.88 billion reserve for preferred dividends and debt interest. Traders on prediction market Myriad give only a 5% chance that holdings will exceed one million BTC by the end of the year.
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