Key facts
- Strategy bought 267 BTC for $22.1 million, funded by selling MSTR stock.
- Strategy repurchased 1.94 million STRC preferred shares for $193.1 million.
- Strategy's digital credit securities repurchase program authorization was increased to $3 billion.
- Strategy holds 848,517 BTC acquired at an average of $75,446 per coin.
Strategy, the world's largest corporate Bitcoin holder, acquired 267 BTC for $22.1 million between October 12 and 18, bringing its total holdings to 848,517 BTC. The company also repurchased 1,938,780 shares of its STRC preferred stock for $193.1 million. Strategy's board increased the authorization for its digital credit securities repurchase program to $3 billion from $2 billion. The Bitcoin purchases were funded primarily through $22 million in proceeds from selling MSTR shares.