In brief

  • Strategy bought 1,036 BTC for $81.9 million between November 2 and November 8, its second straight weekly purchase, according to an SEC filing.
  • The company also bought back $188.3 million of its STRC preferred stock, funding both moves by selling 2,051,348 shares of MSTR stock.
  • Strategy now holds 850,364 BTC, acquired for $64.16 billion at an average of about $75,456 per coin.

Strategy bought 1,036 BTC for $81.9 million last week, its second straight weekly purchase, the company said on Monday.

The Bitcoin treasury firm paid an average of $79,012 per coin between November 2 and November 8, according to an SEC filing. It now holds 850,364 BTC, acquired for a total of $64.16 billion at an average of about $75,456 per coin.

The purchase is larger than the week before, when Strategy resumed buying with 811 BTC for $65.5 million after a one-week pause.

Strategy also bought back 1,887,464 shares of STRC, its variable-rate preferred stock, for $188.3 million, down from $208.2 million the previous week. It funded both the Bitcoin and the buyback by selling 2,051,348 shares of MSTR stock for $283.8 million in net proceeds, with the remaining $13.6 million going to its USD Cash account.

That marks a change from last week, when Strategy paid for its STRC buyback from USD Cash, drawing the balance down to $132.7 million. With the new proceeds, USD Cash rose to $146.2 million as of November 8.

Strategy's separate USD Reserve, which covers dividends on its preferred stock and interest on its debt, stood at $4.77 billion after it paid out $21.1 million in preferred dividends during the week. About $560.3 million remains available under its preferred stock repurchase program, and $1 billion under its program for buying back MSTR stock.

$72.3K volume
Jan 1Closes: Jan 1, 2027, 04:59 UTC

Closes: Jan 1, 2027, 04:59 UTC

MSCI decision looms

The update comes two days before index provider MSCI is due to publish the list of companies affected by its new rules on firms dominated by a single asset, which could remove Strategy from its equity indexes.

BitcoinBTC · USD

$74,778−4.07%

Nov 2Nov 4Nov 6Nov 7Nov 9

$80.7k$78.4k$76.2k$73.9k

24h HighHigh$76,106

24h LowLow$73,709

VolVol$1.2B

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Strategy's preferred stock is also adjusting to a new payment schedule. Shareholders approved daily dividends on its four preferred stocks last month, starting with STRC on November 1.

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