Loading prices…
🔥BULLISH

Strategy Raises Buyback to $3B, Adds 267 BTC for $22.1M

The company is now supporting its preferred stock price with a bigger repurchase authorization while funding bitcoin buys from MSTR share sales, and Strive joined the bid with 1,223 BTC of its own.

Strategy Raises Buyback to $3B, Adds 267 BTC for $22.1M
Strategy Raises Buyback to $3B, Adds 267 BTC for $22.1M

Strategy acquired 267 BTC for $22.1 million at an average price of $82,900 between October 12 and 18, lifting total holdings to 848,517 BTC. The purchase was funded mainly through $22 million in MSTR share sales.

At the same time, the company repurchased 1.94 million STRC shares for $193.1 million and raised its digital credit securities repurchase authorization from $2 billion to $3 billion, leaving $1.16 billion available under the enlarged program.

Why it matters

The bigger buyback signals Strategy is willing to defend the price of its preferred instruments, not just accumulate bitcoin. Funding BTC purchases with MSTR share sales keeps the leverage flywheel running while the STRC repurchases tighten the capital structure underneath it.

The week also showed the corporate treasury bid is no longer a one-company story. Strive bought 1,223 BTC between Wednesday and Friday at an average price of $81,734, roughly $100 million, taking its holdings to 36,818 BTC. CEO Matt Cole said proceeds from Strive's SATS preferred stock IPO are expected to settle Tuesday, and the company plans to keep reserves covering 18 months of dividend payments.

Market impact

Two treasuries adding over 1,400 BTC in a single week near the $82,000 level is a steady absorption bid for supply. The STRC buyback and the enlarged $3 billion authorization are worth watching as a template: if preferred shares trade below par, issuers retiring them at a discount effectively buy bitcoin exposure and their own paper at the same time. Investors will be tracking whether SATS proceeds trigger another Strive purchase after Tuesday's settlement.

Source: [source](https://assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/blt075438553ed3641e/6ad5860b04e8526be47d2cab/form-8-k_10-19-2026.pdf)

Related tokens
$BTC

Frequently asked questions

  1. How much bitcoin does Strategy hold after the latest purchase?

    Strategy's total holdings reached 848,517 BTC after buying 267 BTC for $22.1 million at an average price of $82,900 between October 12 and 18.

  2. How was Strategy's latest bitcoin purchase funded?

    The $22.1 million purchase was funded mainly through $22 million in MSTR share sales.

  3. What changed in Strategy's STRC buyback program?

    Strategy repurchased 1.94 million STRC shares for $193.1 million and increased its digital credit securities repurchase authorization from $2 billion to $3 billion, leaving $1.16 billion available.

  4. How much bitcoin did Strive buy and at what price?

    Strive purchased 1,223 BTC between Wednesday and Friday at an average price of $81,734, worth about $100 million, bringing total holdings to 36,818 BTC.

  5. When do Strive's SATS preferred stock IPO proceeds settle?

    CEO Matt Cole said the SATS IPO proceeds are expected to settle Tuesday, and the company plans to maintain reserves covering 18 months of dividend payments.

Source attribution
Aggregated from WuBlockchain · Verified · Last refreshed 1h ago
Open original →