Strategy (formerly MicroStrategy) disclosed in an Oct. 5 SEC filing that it purchased 334 Bitcoin for $28.7 million between Oct. 1 and Oct. 4, at an average price of $85,838.80. This marks the company's smallest Bitcoin acquisition in 2026, bringing its total holdings to 848,000 BTC.
Despite the reduced Bitcoin purchases, the company's existing digital asset holdings saw a $20.91 billion gain in Q3 due to a 43% rally in Bitcoin, raising the fair value of its holdings to $70.82 billion. Concurrently, Strategy's preferred-share buybacks have reached approximately $1.45 billion. The company also proposed daily dividend accruals for its preferred securities, including STRC, to support their trading at or near the stated $100 amount. Shareholders are set to vote on this proposal on Oct. 28.
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Strategy buys 334 Bitcoin, its smallest 2026 purchase, as preferred-share buybacks hit $1.45B
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