Michael Saylor’s Strategy refrained from buying or selling Bitcoin last week, choosing instead to spend $204.9 million on STRC preferred stock buybacks.
Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million.
Cointelegraph by Helen Partz
Publisher Cointelegraph
Oct 26, 2026 at 1:27 PM UTC · Updated 7일 전 · 1 분 소요
Key Signal
$204.9M STRC buyback spending
Entities
bitcoin
Market Impact
BTC+0.29%$78,211
Last Updated
7일 전
Strategy repurchased 2.07 million shares between Monday and Friday, reporting no Bitcoin (BTC) transactions or stock sales through its at-the-market offering program, according to its Monday filing with the US Securities and Exchange Commission.
The company said its Bitcoin holdings remained at 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per coin. At Monday’s US equities open, the biggest cryptocurrency was trading hands at roughly $79,992 apiece.
Strategy’s US dollar reserve remained unchanged from the previous week, at $4.83 billion, Its USD Cash balance fell around 46% to $242.4 million from $447.3 million after management used $204.9 million to repurchase STRC shares.
Since October began, Strategy has spent about $664 million repurchasing STRC preferred shares, compared with $72.3 million buying 851 BTC.
Bitcoin moved from $86,510.4 to $78,184 over the last 30-day period, a decline of 9.6 percent.
Source: Kraken · NewsLayer Markets · Updated 몇 초 전
The pause came as Bitcoin fell toward $80,000 last week after reaching $84,777 on Wednesday, according to CoinGecko.
Strategy’s common stock (MSTR) fell 2.2% to $142.80 in Monday’s premarket activity, while its STRC preferred shares edged down 0.01% to $99.35, according to Yahoo Finance.
Related: Bitcoin rally could revive treasury buying, but easy-money days over
Follow the Story
- Oct 26Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
- Nov 2Bitcoin remains stable after Binance’s record hack
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- Oct 26Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
- Nov 2Bitcoin remains stable after Binance’s record hack
- Nov 2Bitcoin Lightning’s year-old security fixes still missing from 71% of flagged nodes
- Nov 2Crypto Weekly Digest | Wall Street’s AI selloff meets Bitcoin’s rebound: What’s next for Nvidia, Robinhood and QQQ?
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Originally reported by Cointelegraph
NewsLayer coverage based on externally reported material.
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Market Context
Bitcoin
BTC
$78,179
+0.25% (24H)
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$1.57T
Circulating Supply
20.1M BTC
24H Volume
$17.1B
24H High
$78,740
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