Quick answer: Strategy Inc (Nasdaq: MSTR) acquired 250 BTC for $21.5 million between Oct. 5–11, 2026 at an average $86,194 per bitcoin, lifting holdings to 848,250 BTC as of Oct. 11, per its Oct. 12 release.
The latest Strategy bitcoin purchase landed on Monday, Oct. 12, 2026, when Strategy Inc (Nasdaq: MSTR; formerly MicroStrategy), the Bitcoin Treasury Company, said it acquired 250 BTC for $21.5 million at an average $86,194 per coin, inclusive of fees. Preferred stock buybacks still stole the size headline for the week to Oct. 11, 2026.
Consequently, that lifts the corporate stack to 848,250 BTC as of Oct. 11, at an aggregate cost of $64.00 billion and an average cost of $75,444. The same update shows a far larger cash outlay on preferred shares: $192.4 million to repurchase STRC.
How much Bitcoin did Strategy buy this week?
Between Oct. 5 and Oct. 11, 2026, Strategy purchased 250 BTC for $21.5 million. Funding split was explicit in the release: $21.0 million from net proceeds of MSTR Class A ATM sales (125,183 shares) and $0.5 million from USD Cash. Aggregate and average purchase prices include fees and expenses.
As of Oct. 11, total holdings stood at 848,250 BTC. That is a 250-coin step up from the 848,000 BTC level we covered in our Strategy 848,000 BTC cost-basis analysis after the prior 334 BTC add. Bitcoin Magazine put the stack’s then-market value near $70.2 billion, while Michael Saylor posted the headline numbers on X.
Why did Strategy spend more on STRC than on Bitcoin?
In the same Oct. 5–11 window, Strategy repurchased 1,932,145 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for an aggregate $192.4 million. In other words, that preferred buyback is roughly nine times the $21.5 million spent on bitcoin.
After the week, $354.8 million of preferred repurchase capacity remained under the digital credit securities program, and $1.0 billion remained available under the MSTR common stock repurchase program. No STRF, STRK, STRD or MSTR common shares were repurchased in the period, per the company table.
Investing.com noted MSTR stock was up about 2% in Monday trading after the announcement — a modest equity reaction to a small BTC add paired with a large preferred retirement.
What does Strategy’s USD reserve look like after the buys?
Strategy’s capital framework separates a USD Reserve (meant to support preferred dividends and interest) from USD Cash (deployable for bitcoin buys, reserve top-ups and broader capital management). As of Oct. 11, 2026, the USD Reserve was $4.88 billion and USD Cash was $640.5 million, or about $5.52 billion in combined USD assets.
Meanwhile, only $0.5 million of USD Cash funded bitcoin in the week; the rest of the BTC purchase came from the MSTR ATM. That leaves a large dollar buffer beside the 848,250 BTC treasury — useful context when reading weekly crypto ETF outflow prints and when tracking how corporate treasuries and Bitcoin ETF flows interact with spot Bitcoin price levels.
What should Bitcoin investors watch next on Strategy?
Therefore, three checkpoints matter more than the 250-coin headline. First, the pace of future BTC buys versus preferred retirements — this week the cash priority clearly favored STRC. Second, ATM usage: only $21.0 million of MSTR stock was sold for bitcoin, with $18.8 billion of MSTR still marked available for issuance and sale. Third, whether the $5.52 billion USD stack is drawn for larger bitcoin lots after quieter weeks, as peers such as MARA’s 996 BTC Galaxy move keep miner and treasury flows in the news.
For Discover and News readers, the story is capital allocation: Strategy remains the largest disclosed corporate bitcoin holder, but Oct. 5–11 showed buybacks can dwarf the coin add in dollar terms.
Strategy Bitcoin FAQ
How many BTC does Strategy hold after the latest buy?
As of Oct. 11, 2026, Strategy held 848,250 BTC at an aggregate cost of $64.00 billion and an average cost of $75,444, according to its Oct. 12, 2026 release.
How much did Strategy pay for the latest 250 BTC?
Strategy paid $21.5 million for 250 BTC between Oct. 5 and Oct. 11, 2026, or an average $86,194 per bitcoin including fees. Funding was $21.0M from MSTR ATM net proceeds and $0.5M USD Cash.
Did Strategy buy back more stock than bitcoin this week?
Yes in dollar terms. It repurchased 1,932,145 STRC preferred shares for $192.4 million, about nine times the $21.5 million bitcoin spend in the same Oct. 5–11 period.
How much cash does Strategy still hold in USD?
As of Oct. 11, 2026, Strategy reported a $4.88 billion USD Reserve and $640.5 million USD Cash, totaling roughly $5.52 billion in USD assets.
Is this financial advice?
No. This article is for information only. Corporate treasury purchases and preferred buybacks do not guarantee bitcoin or equity returns. Always do your own research (DYOR) before investing.
Sources
- Strategy Acquires 250 BTC and Repurchases $192 Million of STRC — Strategy press release (Stockhouse)
- Strategy Smash Buys $21.5M in Bitcoin — Bitcoin Magazine
- Strategy buys 250 bitcoin, repurchases $192M preferred stock — Investing.com
- Strategy Acquires 250 BTC and Repurchases $192 Million of STRC — primary PDF
Disclaimer: This article is for information only and is not financial advice. Bitcoin and equity prices can move sharply. Always do your own research (DYOR) before investing.
