Key facts
- Strategy's 850,364 BTC were acquired for $64.16 billion at an average of $75,456 per coin, per the filing.
- The company repurchased about 1.89 million STRC preferred shares for $188.3 million.
- Strategy has spent about $1.06 billion on STRC buybacks since the start of October, against $219.7 million on bitcoin.
- About $560.3 million remains under the preferred repurchase program and $1 billion under the MSTR buyback authorization.
- Bitcoin traded near $74,800, about 0.9% below Strategy's average cost, per Bitcoin Magazine Pro data.
Strategy bought 1,036 bitcoin for $81.9 million between November 2 and November 8, the company said in a Monday, November 9 filing with the US Securities and Exchange Commission. The average price paid was $79,012 per coin.
The purchase lifted Strategy's total holdings to 850,364 BTC, acquired for $64.16 billion at an average of $75,456 per coin, the filing showed. That is about 4.05% of bitcoin's maximum supply of 21 million.
Strategy funded the purchase and a preferred stock buyback by selling about 2.05 million MSTR shares for $283.8 million in net proceeds. It spent $188.3 million repurchasing STRC preferred stock, retiring about 1.89 million shares, and placed $13.6 million in USD Cash. No preferred stock was sold under the at-the-market program during the week.
Since the start of October, Strategy has spent about $1.06 billion buying back STRC preferred shares, against $219.7 million on bitcoin over the same period, per the filing. The company's USD Reserve, which covers preferred dividends and debt interest, stood at $4.77 billion after it paid $21.1 million in preferred dividends during the week. About $560.3 million remains under the preferred repurchase program and $1 billion under the MSTR buyback authorization.
Executive Chairman Michael Saylor posted on X: "Strategy has acquired 1,036 $BTC and repurchased $188M of $STRC. As of 11/8/26, we hold 850,364 BTC and $4.9B of USD Assets."
Bitcoin traded near $74,800 at the time of writing, about 0.9% below Strategy's $75,456 average cost, leaving the holdings roughly $550 million underwater on paper, according to Bitcoin Magazine Pro data cited by the report. MSTR closed Friday at $128.93 and was indicated lower in premarket trading on Monday.