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Strategy pauses Bitcoin purchases and spends $204.9 million on STRC buybacks

Technology · First reported 26 Oct, 13:23 · Updated 19:09

Image: Decrypt

Strategy bought no Bitcoin during October 19–25 while repurchasing its STRC preferred shares. Its Bitcoin holdings remained at 848,517 BTC, and the buyback reduced its general-purpose cash balance while leaving its separate reserve unchanged.

  • Strategy bought no Bitcoin and sold no shares through its at-the-market offering program during October 19–25. Decrypt describes this as its first pause in weekly Bitcoin purchases since mid-September.
  • The company spent $204.9 million repurchasing 2,068,459 STRC preferred shares, compared with $193.1 million the previous week.
  • Bitcoin holdings remained at 848,517 BTC, acquired for $64.02 billion at an average cost of $75,446 per coin.
  • The buyback was funded entirely from USD Cash, which fell from $447.3 million to $242.4 million. The separate USD Reserve, intended to support preferred dividends and debt interest, remained at $4.83 billion.
  • Strategy had $956.8 million left under its expanded $3 billion preferred-stock repurchase program. A separate common-stock buyback program had $1 billion remaining.
Summary written by Lux AI from 6 articles

Key facts

Reporting period
October 19–25.
STRC repurchase
$204.9 million for 2,068,459 shares.
Bitcoin holdings
848,517 BTC.
USD Cash
$242.4 million, down from $447.3 million.
USD Reserve
$4.83 billion, unchanged.

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