Strategy buys 267 BTC for $22.1 million, repurchases $193 million in STRC shares

Between October 12 and October 18, 2026, corporate Bitcoin holder Strategy acquired 267 BTC for $22.1 million, bringing its total treasury to 848,517 BTC worth $64.02 billion. Simultaneously, Strategy spent $193.1 million repurchasing 1.94 million shares of its STRC preferred stock, funded from USD Cash reserves. Strategy's board expanded its digital credit repurchase program limit to $3 billion, while Executive Chairman Michael Saylor cited technical recoveries to declare Bitcoin entering a new bull market.

Bitcoin acquisition and total holdings

• ▪Strategy (MSTR) acquired 267 Bitcoin for $22.1 million at an average price of $82,900 per coin between October 12 and October 18, 2026
• ▪Following its October 12-18, 2026 purchase of 267 BTC, Strategy (MSTR) holds a total of 848,517 Bitcoin acquired for $64.02 billion at an average price of $75,446 per coin

STRC preferred stock repurchases

• ▪Strategy repurchased 1,938,780 shares of its STRC variable-rate preferred stock for $193.1 million between October 12 and October 18, 2026
• ▪Strategy spent $459.2 million repurchasing STRC preferred shares in the fourth quarter of 2026, compared to $72.3 million spent acquiring 851 Bitcoin over the same period

Digital credit repurchase program expansion

• ▪Following Strategy's October 2026 buybacks and program expansion, $1.16 billion remained available under its digital credit securities repurchase program as of October 18, 2026
• ▪Strategy's board of directors raised the authorization cap on its digital credit securities repurchase program from $2 billion to $3 billion

MSTR equity offering program

• ▪Strategy (MSTR) funded its October 12-18, 2026 Bitcoin purchase of 267 BTC by selling 140,872 shares of its MSTR common stock through an at-the-market offering program for $22 million
• ▪Strategy (MSTR) maintains an unused authorization balance of $18.79 billion under its MSTR common stock at-the-market equity offering program as of October 18, 2026

USD Cash reserve changes

• ▪Strategy's USD Cash reserve declined from $640.5 million to $447.3 million during the week ending October 18, 2026
• ▪Strategy (MSTR) used $45.5 million from its USD Reserve during the week ending October 18, 2026 to pay preferred stock dividends, lowering the reserve to $4.83 billion

Saylor on Bitcoin market trends

• ▪Strategy executive chairman Michael Saylor stated on October 17, 2026 that Bitcoin is moving back into a bull market after recovering above its 200-day simple moving average
• ▪Strategy executive chairman Michael Saylor identified restrictive trade and monetary policies as Bitcoin headwinds while highlighting bank adoption and asset tokenization as market drivers