Strategy Buys $81.9M in Bitcoin as STRC Share Buybacks Reach $188M

09. Nov 2026 Posted by Bailey S. on News

Strategy purchased 1,036 Bitcoin for $81.9 million last week, bringing its total holdings to 850,364 BTC, according to its latest filing with the US Securities and Exchange Commission (SEC).

The company paid an average of $79,012 per Bitcoin during the latest buying period. Its total Bitcoin investment now stands at approximately $64.16 billion, with an average purchase price of $75,456 per BTC.

Strategy's Bitcoin reserves represent around 4.05% of the cryptocurrency's maximum supply of 21 million coins.

However, the company continued to direct a larger share of its capital toward its preferred stock buyback program. Since the beginning of October, Strategy has spent approximately $1.06 billion repurchasing STRC preferred shares, compared with just $219.7 million allocated to Bitcoin purchases over the same period.

Strategy Prioritizes STRC Share Repurchases

Strategy generated $283.8 million in net proceeds last week by selling approximately 2.05 million shares of its common stock (MSTR) through its at-the-market offering program.

The company used $188.3 million of the proceeds to repurchase around 1.89 million STRC preferred shares. This followed another $208.2 million in buybacks during the previous week.

Strategy allocated the remaining funds across its Bitcoin purchase and cash reserves. It spent $81.9 million acquiring Bitcoin and added $13.6 million to its US dollar cash balance.

The latest figures show that Strategy continues to use its stock offerings to finance both its Bitcoin accumulation strategy and its preferred share repurchase program.

Cash Reserve Declines After Dividend Payments

Strategy's separate US dollar reserve declined slightly to $4.77 billion from $4.79 billion. The company used $21.1 million from the reserve to cover dividend payments on its preferred shares.

The latest Bitcoin acquisition follows last week's purchase of 811 BTC for approximately $65.5 million.

Meanwhile, Strategy's stock faced downward pressure during Monday's premarket trading. MSTR shares fell around 3% to $125, while STRC preferred shares slipped 0.06% to $99.70.