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THE BLOCK · 2026-10-26 13:23 UTC

Strategy pauses bitcoin buys, repurchases $205 million of STRC preferred shares

Strategy (MSTR) paused bitcoin purchases for the first time in five weeks, maintaining holdings at 848,517 BTC worth approximately $67.9 billion. The company repurchased 2.07 million STRC preferred shares for $204.9 million instead, using its USD Cash reserve. MSCI's new rules against 'non-operating' companies could lead to MSTR's exclusion from indexes, potentially making future bitcoin funding more difficult.

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