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Saylor Says There Is Always Room for More Orange. Strategy Bought 334 Bitcoin Last Week. Two Years Ago It Was Buying 55,000 in a Week.
Strategy said common share sales funded most of the Bitcoin purchase as preferred-share repurchases topped the weekly crypto spending by nearly 9 times, filings showed.
- On Monday, October 12, 2026, Executive Chairman Michael Saylor reported that Strategy Inc. held 848,250 Bitcoin and approximately $5.5 billion in U.S. dollar assets.
- Strategy operates under a capital management framework prioritizing repurchases of its Variable Rate Series A Perpetual Stretch Preferred Stock when trading below $100, with management expanding this authorization to $2 billion in September.
- Between October 5 and 11, Strategy repurchased approximately 1.93 million STRC shares for $192.4 million, while funding the 250 BTC purchase with $21 million from MSTR common stock sales and $500,000 in existing USD Cash.
- Following the transactions, Strategy reported a USD Reserve balance of $4.88 billion and a separate USD Cash balance of $640.5 million as of October 11, while Saylor teased the activity on X, stating, "There's always room for more orange."
- Because of the Columbus Day holiday on Monday, official SEC filings detailing these transactions will likely arrive after Tuesday, while Strategy continues its policy allowing flexible repurchases without a fixed expiration date.
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Strategy (NASDAQ: MSTR) Adds 250 Bitcoin And Repurchases $192.4 Million In STRC Preferred Stock
Strategy (NASDAQ: MSTR) has acquired 250 Bitcoin for $21.5 million at an average purchase price of $86,194 per coin, further expanding its already dominant corporate Bitcoin treasury. The latest purchase was funded through proceeds from Strategy’s at-the-market offering program, with an additional $0.5 million in Bitcoin acquired using cash on hand. Between October 5 and […]
Saylor Says There Is Always Room for More Orange. Strategy Bought 334 Bitcoin Last Week. Two Years Ago It Was Buying 55,000 in a Week.
Michael Saylor insists there is always room for more Bitcoin, but Strategy's latest weekly purchase raises a question worth asking: what does a near-microscopic acquisition reveal about the limits of the company's grand accumulation playbook?
·Lakewood, United States
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Total News Sources58
Leaning Left1Leaning Right1Center6Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
13%
C 75%
12%
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