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Strategy Scoops Up $21.5M in Bitcoin, Buys Back $192M in STRC - Decrypt

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Strategy buys 250 Bitcoin for $21.5 million, repurchases $192 million in preferred shares

Michael Saylor's Strategy acquired 250 BTC at $86,194 average price, bringing holdings to 848,250 BTC. The company spent nearly nine times more repurchasing its STRC preferred stock than on Bitcoin.

Oct 12, 2026·8 sourcesInstitutional crypto adoptionBitcoin market analysisBitcoinBitcoin adoption
Strategy buys 250 Bitcoin for $21.5 million, repurchases $192 million in preferred shares
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