Strategy Skips Bitcoin Purchases, Spends $205M on STRC Preferred Stock Buybacks

Strategy pauses Bitcoin purchases for STRC stock buybacks

Michael Saylor’s Strategy made no purchases or sales of Bitcoin — the world’s biggest cryptocurrency — in the week before Oct. 26, 2026. Instead, the firm spent $204.9 million buying back its own STRC preferred stock.

Key numbers from the week

• Strategy repurchased 2.07 million STRC preferred shares between Monday and Friday of the prior week.


• Total Bitcoin holdings stayed at 848,517 BTC, acquired for a total of $64.02 billion at an average price of $75,446 per coin.


• USD Cash balance fell 46% to $242.4 million from $447.3 million after the buybacks.


• Total USD reserves remained unchanged from the previous week at $4.83 billion.


• Since the start of October 2026, the firm has spent roughly $664 million on STRC share repurchases, compared to $72.3 million used to buy 851 BTC.

Details from the SEC filing

The information comes from Strategy’s Monday filing with the U.S. Securities and Exchange Commission (SEC). The filing also reported no stock sales through the firm’s at-the-market offering program during the week. At the opening of U.S. equities trading on Monday, Bitcoin was trading at roughly $79,992 per coin.

Bitcoin price context

The pause in Bitcoin purchases came as Bitcoin’s price declined toward $80,000 the prior week. The cryptocurrency reached a weekly high of $84,777 on Wednesday, according to CoinGecko.

Stock price movements

Strategy’s common stock, traded under the ticker MSTR, fell 2.2% to $142.80 in premarket trading on Monday, per Yahoo Finance. Its STRC preferred shares slipped 0.01% to $99.35 over the same period.

Sources

• Cointelegraph