Strategy buys $22M in Bitcoin and repurchases $193M of STRC
Strategy adds Bitcoin and buys back its own STRC securities
Strategy bought about $22 million worth of Bitcoin, according to a Decrypt report published on October 19, 2026. The company also bought back $193 million of STRC, a security it issues.
STRC is a preferred stock tied to Strategy's Bitcoin holdings, which means it is a type of company stock rather than a digital asset itself. The report frames the two moves as happening together.
Key numbers from the report
- About $22 million was used to buy Bitcoin.
- $193 million of STRC was repurchased.
- The report is dated October 19, 2026.
What is confirmed
Decrypt reported both transactions: the roughly $22 million Bitcoin purchase and the $193 million STRC buyback. The report gives no further breakdown of how much Bitcoin was acquired or at what prices.
What is still unclear
The supplied source does not explain the reason for either move, the exact amount of Bitcoin purchased, the timing within the day, or any statement from the company. No official or primary source was included in the material provided, so the details rest on Decrypt's reporting alone.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.