Strategy buys 1,036 Bitcoin, repurchases $188 million of STRC

Strategy purchased 1,036 bitcoin for approximately $82 million in the week from November 2 to November 8, 2026, paying an average of $79,012 per bitcoin, according to its latest SEC filing. The company funded the buys solely with proceeds from MSTR common stock sales.

Strategy now holds 850,364 bitcoin, accumulated at a total cost of $64.16 billion and an average price of $75,456 per bitcoin, including fees and expenses. Last week’s average purchase price was higher than the company’s overall cost basis.

Through its at-the-market offering program, Strategy sold 2,051,348 MSTR shares for net proceeds of $283.8 million and did not sell any STRF, STRC, STRK or STRD preferred stock. The proceeds were split three ways. The biggest portion, $188.3 million, funded repurchases of STRC preferred shares, $81.9 million went to bitcoin purchases, and $13.6 million was set aside as USD Cash.

Strategy bought back 1,887,464 shares of STRC, its Variable Rate Series A Perpetual Stretch Preferred Stock, for $188.3 million. That was the only repurchase made during the week, with no buybacks of its other preferred securities or MSTR stock. The company has $560.3 million left under its digital credit securities repurchase program and $1.0 billion remaining under its MSTR repurchase program.

The company retains ample capacity to raise more capital through its ATM programs. As of November 8, it could still issue up to $18.34 billion of MSTR stock, $17.51 billion of STRC, $4.01 billion of STRD, $2.10 billion of STRK and $1.62 billion of STRF.

Strategy also tapped $21.1 million from its USD Reserve to fund dividends on its preferred stock over the week. The USD Reserve is designed to support preferred dividends and interest payments, while USD Cash is held for broader uses such as bitcoin purchases and reserve expansion. At November 8, the USD Reserve totaled $4.77 billion and USD Cash $146.2 million.

This is a developing story.