COINTELEGRAPH · 2026-10-26 13:27 UTC

Strategy skips Bitcoin purchases, spends $205M on STRC buybacks

Michael Saylor's Strategy made no Bitcoin purchases or sales last week, instead spending $204.9 million on STRC preferred stock buybacks of 2.07 million shares. Strategy holds 848,517 BTC acquired for $64.02 billion at average price of $75,446; Bitcoin traded around $79,992 on Monday. Since October, Strategy spent $664 million on STRC buybacks versus $72.3 million buying 851 BTC; cash balance fell 46% to $242.4 million after buyback spending.

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