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Strategy Resumes Weekly Bitcoin Buys with $21.5M Purchase

Strategy bought 250 BTC for $21.5M and repurchased $192M of preferred stock, now holding 848,250 BTC.

12/10/2026 15:587 min read

Strategy has returned to weekly bitcoin purchases, adding more BTC to its reserves.

According to a Monday filing, the Nasdaq-listed firm spent $21.5 million to acquire 250 bitcoins between October 5 and October 11.

The same filing indicated that it also used $192.4 million to buy back its STRC preferred shares.

Strategy has acquired 250 $BTC and repurchased $192M of $STRC. As of 10/11/26, we hold 848,250 BTC and $5.5B of USD Assets. $MSTR https://t.co/hhxR6N95mq

— Michael Saylor (@saylor) October 12, 2026

As of Monday, Strategy's bitcoin holdings stood at 848,250, valued at $70.2 billion. The company's shares (MSTR) were up about 2% in trading that day.

For the last four weeks, Strategy (previously MicroStrategy) has been buying bitcoin consistently, following a period of irregular purchases or outright pauses as it built up its cash reserves.

The filing furthermore reveals that last week's bitcoin purchase was funded by net proceeds from MSTR stock sales drawn from its USD Cash buffer. The company maintains two cash reserves: ā€œUSD Reserveā€, which backs dividend payments on preferred shares and interest on debt, and ā€œUSD Cashā€, which is dedicated to bitcoin acquisitions.

Strategy made its initial bitcoin purchase in 2020 as an inflation hedge for shareholders. Since then, it has accumulated the cryptocurrency aggressively, transforming into a bitcoin treasury company.

Shareholders can gain amplified exposure to bitcoin through the company's stock, or earn yield via its digital credit offerings.

Currently, Strategy is emphasizing products that distribute yield through its STRF, STRC, STRK, and STRD preferred stock series.

Over the last year, the price of Strategy's Nasdaq-listed stock has fallen by more than 50%, following a decline in bitcoin's price.

Nevertheless, since its first bitcoin purchase in August 2020, MSTR shares have risen by almost 1,000%.

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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.

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