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Crypto & Bitcoin

Strategy spends nearly 9 times as much on STRC as Bitcoin

Reported by Olivia Stephanie, crypto.news

Image: crypto.news

Strategy has spent $192.4 million buying back its STRC preferred shares while purchasing just 250 Bitcoin for $21.5 million between October 5 and 11, 2026. Strategy spent $192.4 million repurchasing STRC shares between October 5 and October 11, company disclosures show. The company purchased 250 Bitcoin for $21.5 million at an average price of $86,194 each. Strategy's Bitcoin holdings reached 848,250 BTC, acquired for approximately $64 billion including fees and expenses. MSTR share sales funded $21 million in Bitcoin purchases, while existing cash covered another $500,000.

This is an excerpt. The reporting belongs to crypto.news.

Read the full report on crypto.news

Also carried by CryptoSlate, TokenPost

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