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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 repurchased 2.07 million shares between Monday and Friday, reporting no Bitcoin (BTC) transactions or stock sales through its at-the-market offering program, <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001050446/000119312526431146/mstr-20261026.htm" rel="noopener noreferrer nofollow">according</a> 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 <a href="https://ct.com/news/strategy-btc-22-million-buy-strc-buyback-193-million" rel="noopener noreferrer nofollow">US dollar reserve remained unchanged</a> 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.
The pause came as Bitcoin fell toward $80,000 last week after reaching $84,777 on Wednesday, <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">according</a> to CoinGecko.
Strategy’s common stock (MSTR) <a href="https://finance.yahoo.com/quote/MSTR/" rel="noopener noreferrer nofollow">fell</a> 2.2% to $142.80 in Monday’s premarket activity, while its STRC preferred shares edged down 0.01% to $99.35, <a href="https://finance.yahoo.com/quote/STRC/" rel="noopener noreferrer nofollow">according</a> to Yahoo Finance.
Related: <a href="https://ct.com/markets/bitcoin-rally-could-revive-treasury-buying-but-easy-money-days-over" rel="noopener noreferrer nofollow">Bitcoin rally could revive treasury buying, but easy-money days over</a>

Strategy skips Bitcoin purchases, spends $205M on STRC buybacks

Cointelegraph

Other articles published on Oct 26, 2026

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