Home Strategy Buys 267 Bitcoin & Repurchases $193M In STRC

Strategy Buys 267 Bitcoin & Repurchases $193M In STRC

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Strategy Buys 267 Bitcoin & Repurchases $193M In STRC
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Strategic Acquisition and Treasury Repurchases by Strategy, the Saylor-led Entity: 69.87 Billion Bitcoin at Market Price of October 19th, Revisited.

Strategy, the company led by Michael Saylor, purchased another 267 Bitcoin for $22 million between October 12 and October 18, 2026. The purchase increased its total Bitcoin holdings to 848,517 BTC, worth around $69.87 billion at the market price reported on October 19. In addition, during the same time period, the company has repurchased shares of its preferred stock (STRC) for $193.1 million.

The latest moves indicate that Strategy is continuing to build its Bitcoin holdings while also managing its other financial commitments. According to a filing with the US Securities and Exchange Commission on October 19, Strategy has paid an average of about $82,400 for each Bitcoin in its latest purchase. The company has primarily financed the purchase by selling its Class A common shares (MSTR) and has used a small amount of cash.

Strategy Buys 267 Bitcoin & Repurchases $193M In STRC

Source: assets.contentstack.io

Strategy has sold 140,872 MSTR shares during the period and has raised $22 million from the sale. It also used $100,000 from its cash reserves. The company’s total spending on its Bitcoin holdings has reached about $64.02 billion, including fees and other expenses. This puts its average purchase cost at around $75,446 per Bitcoin (as of now).

In addition, apart from buying Bitcoin, Strategy has repurchased 1.94 million shares of STRC (preferred stock) for approximately $193.1 million. The company also increased the total amount authorized for its preferred stock repurchase programme from $2 billion to $3 billion. About $1.16 billion remaining under the programme as of October 18.

Strategy has reported that it has held $4.83 billion in a separate US dollar reserve to help pay preferred stock dividends and interest on its debt. It also had another $447.3 million in cash for general financial needs, including potential future Bitcoin purchases.

The company has continued to buy Bitcoin regularly in recent weeks. Its latest purchase adds yet to the 250 Bitcoin bought earlier in October and another 334 Bitcoin acquired in the previous week. Strategy’s growing holdings now represent more than 4% of Bitcoin’s fixed supply of 21 million coins.

Investors will also be waiting for the company’s third-quarter results, set to be released later this month, for more information about its financial performance and Bitcoin gains.

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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Strategic Acquisition and Treasury Repurchases by Strategy, the Saylor-led Entity: 69.87 Billion Bitcoin at Market Price of October 19th, Revisited. Strategy, the...

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