Strategy Buys More Bitcoin and Retires Nearly 2M STRC Shares
Michael Saylor’s Strategy has expanded its bitcoin treasury to 848,250 BTC after acquiring another 250 BTC for approximately $21.5 million. The purchase, disclosed Monday, Oct. 12, 2026, followed Saylor’s Sunday teaser about adding more bitcoin. Strategy also repurchased $192.4 million of its STRC preferred stock, while its combined U.S. dollar reserves and cash holdings stood […]
Key Takeaways
- Michael Saylor’s Strategy has expanded its bitcoin treasury to 848,250 BTC after acquiring another 250 BTC for approximately $21.5 million.
- The purchase, disclosed Monday, Oct.
- 12, 2026, followed Saylor’s Sunday teaser about adding more bitcoin.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC
The purchase lifts Strategy's holdings to 848,250 BTC and follows a $176 million repurchase of STRC preferred stock the week before.
Strategy adds 250 Bitcoin as holdings reach 848,250 BTC
Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve.
‘There’s always room for more orange’: Michael Saylor’s Strategy scoops up another 250 bitcoin for $21.5 million as holdings reach 848,250 BTC
Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $71 billion.