UPDATE: Strategy details $204.9M stock buyback and zero BTC buys in SEC filing
CIE News ·
Update to Strategy pauses Bitcoin purchases and repurchases $205 million of STRC preferred shares
Based on reporting by The Block; not yet independently confirmed.
Strategy's SEC filing confirms it made zero Bitcoin purchases from October 19 to 25 and repurchased 2,068,459 STRC preferred shares for $204.9 million, while maintaining 848,517 BTC.
Strategy Inc. filed an 8-K with the SEC on October 26, 2026, confirming it purchased and sold zero Bitcoin (BTC) between October 19 and October 25, 2026. As previously reported, the company redirected cash reserves into buying back preferred shares. The filing reveals the company spent $204.9 million of its USD cash reserve to acquire 2,068,459 shares of its STRC perpetual preferred stock at an implied average price of $99.06 per share.
The regulatory disclosure confirms that Strategy's total treasury reserve remains unchanged at 848,517 BTC. According to bitcoinmagazine.com, Strategy acquired its total holdings for $64.02 billion at an average price of $75,446 per bitcoin. Following the transactions, Executive Chairman Michael Saylor confirmed via X that the company held $5.1 billion in USD assets as of October 25, 2026.
According to bitcoinmagazine.com, the firm's overall holdings reflected paper gains of approximately $3.9 billion as BTC traded near $80,000 on October 26. The company has not provided a schedule for resuming its Bitcoin purchases.
Key facts
- Zero BTC bought Oct 19-25
- 2,068,459 STRC shares repurchased
- Total BTC reserve at 848,517 BTC
- $5.1B USD assets held
Read the original at The Block