From Decrypt · By Decrypt Agent
In brief
Strategy bought 267 BTC for $22.1 million last week and repurchased $193.1 million of its STRC preferred stock, according to an SEC filing.
Its board raised the cap on its digital credit securities repurchase program to $3 billion from $2 billion, leaving $1.16 billion available.
The company funded the Bitcoin purchase mostly by selling MSTR common stock, while the STRC buybacks came from its cash reserves.
Strategy bought 267 BTC for $22.1 million last week and repurchased $193.1 million of its STRC preferred stock, the company said on Monday.
The Bitcoin treasury firm paid an average of $82,900 per coin, including fees, between October 12 and 18, according to an SEC filing. That compares with $86,194 a coin for the 250 BTC it bought the week before, Decrypt reported. Strategy now holds 848,517 BTC, acquired for a total of $64.02 billion at an average of $75,446 per coin.
Strategy has repurchased $193M of $STRC and acquired 267 $BTC. As of 10/18/26, we hold 848,517 BTC and $5.3B of USD Assets. We have also increased the size of our Digital Credit Securities Repurchase Program from $2.0B to $3.0B. $MSTRhttps://t.co/4o0bQBaTb0
— Strategy (@Strategy) October 19, 2026
The purchase is in line with last week's $21.5 million buy, and a fraction of the $142.7 million Strategy spent on Bitcoin in the last week of September.
Strategy co-founder Michael Saylor had hinted at the purchase in a tweet on Sunday, writing: "We found room for more orange."
Strategy paid for the purchase with $22 million raised by selling 140,872 shares of its MSTR common stock through its at-the-market offering program, plus $0.1 million of cash. It sold none of its preferred stock during the week.
The company bought back 1,938,780 shares of STRC, its variable-rate Stretch preferred stock, using $193.1 million of what it calls USD Cash, money set aside for general purposes including buying Bitcoin.
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Strategy's board also raised the total authorized under its digital credit securities repurchase program, which covers its preferred stock, to $3 billion from $2 billion. Last week's buyback had left $354.8 million in the program; after this week's purchases and the increase, $1.16 billion remained available as of October 18. A separate program to buy back MSTR common stock has $1 billion left.
The company also used $45.5 million from its USD Reserve, which is meant to cover preferred dividends and interest on its debt, to pay dividends. As of October 18, the reserve held $4.83 billion and USD Cash $447.3 million, down from $4.88 billion and $640.5 million a week earlier.