Strategy Inc. announced significant capital management activities, including the acquisition of 250 bitcoin (BTC) and a substantial repurchase of its preferred stock. These actions, occurring between October 5 and October 11, 2026, were funded through a combination of an at-the-market (ATM) stock offering and cash on hand.
Key Details
- Bitcoin Purchase: Acquired 250 BTC for a total of $21.5 million at an average price of $86,194 per BTC. This brings the company's total holdings to 848,250 BTC as of October 11, 2026.
- Preferred Stock Repurchase: Repurchased 1,932,145 shares of its STRC (Variable Rate Series A Perpetual Stretch Preferred Stock) for an aggregate price of $192.4 million.
- Funding Activity: The bitcoin purchase was primarily funded by the sale of 125,183 shares of its Class A Common Stock (MSTR), which generated net proceeds of $21.0 million under its ATM program.