Strategy buys 1,036 BTC as holdings reach 850,364, SEC filing shows

Key points

• The company sold 2,051,348 MSTR shares for about $284m in net proceeds to fund the purchase.
• Strategy also repurchased $188m of STRC preferred shares and holds $4.9bn in dollar assets.

Strategy Inc. added 1,036 BTC to its treasury for roughly $81.9m between 2 and 8 November 2026, according to a Form 8-K filed with the SEC on 9 November. The purchase lifted the company's Bitcoin holdings to 850,364 BTC, Bitcoin.com News reports.

The coins were bought at an average of $79,012 each. Strategy paid for them by selling 2,051,348 Class A common shares, raising about $284m in net proceeds. Its total Bitcoin outlay now stands at about $64.2bn, an average of $75,456 per coin including fees, and it remains the largest publicly traded corporate holder of Bitcoin.

Preferred shares repurchased

The filing also showed $188m spent repurchasing 1,887,464 STRC preferred shares, leaving about $560m available under the buyback programme. Strategy reported $4.77bn in its dollar reserve and $146m in separate cash, with $21.1m of the reserve used for preferred dividends. STRC closed at about $99.84 on 6 November, near its $100 target, while MSTR ended at roughly $128.93.

Executive chairman Michael Saylor teased the disclosure on X on 8 November, telling his 5.2 million followers the company held 850,364 BTC and $4.9bn in dollar assets. The purchase follows an 811 BTC acquisition announced on 2 November and continues a strategy begun in August 2020, when Strategy bought 21,454 BTC for about $250m.

What to watch: No further step is reported beyond the disclosure already made in the 9 November Form 8-K.

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