Key Takeaways
- • Strategy (MSTR) disclosed in an SEC filing that it bought 250 BTC over the past week at an average price of $86,194, its smallest purchase of 2026 and the 14th-smallest in its history as a Bitcoin treasury.
- • The purchase was funded by selling 125,183 MSTR shares for approximately $21 million, plus about $500 million drawn from USD Cash reserves.
- • Strategy repurchased 1.9 million STRC preferred shares for $192.4 million, roughly nine times the amount spent on Bitcoin that week.
- • As of Monday, Strategy held $4.88 billion in its USD Reserve and $640.5 million in USD Cash, with its total Bitcoin holdings at 848,250 BTC acquired at an average cost of $75,444 per coin.
- • Bitcoin traded near $83,100, down about 6% year to date and 28% over 12 months, and more than 30% below its October 2025 record above $126,000.
Summary
Strategy, the Bitcoin treasury company led by Michael Saylor, bought 250 BTC over the past week at an average price of $86,194 per Bitcoin, according to a filing with the Securities and Exchange Commission. The disclosed purchase was the smallest the firm has made in 2026 and the 14th-smallest in its history as a Bitcoin treasury. The purchase lifts Strategy's total holdings to 848,250 BTC, acquired at an average price of $75,444 per coin.
To fund the Bitcoin acquisition, Strategy sold 125,183 MSTR shares over the week for approximately $21 million. That amount, together with about $500 million from its USD Cash reserves, was used for the purchase. The larger capital movement in the filing was a repurchase of 1.9 million STRC preferred shares for $192.4 million, which market commentary described as roughly nine times the amount deployed into Bitcoin. As of Monday, the company reported $4.88 billion in its USD Reserve and a further $640.5 million in USD Cash.
The company said approximately $354.8 million remained available under its digital credit securities repurchase program and about $1 billion under its MSTR stock repurchase program. Capacity under these authorizations gives Strategy continued flexibility to manage its capital structure alongside its Bitcoin accumulation.
Market conditions were weak at the time of the filing. Bitcoin traded near $83,100, flat over 24 hours, and remained more than 30% below its record high above $126,000 reached in October 2025. According to the report, Bitcoin is down about 6% year to date and 28% over the past 12 months. MSTR shares were up about 0.6% in premarket trading but remain roughly 1.7% lower year to date and more than 50% lower over the past 12 months. Retail sentiment on Stocktwits toward Bitcoin and MSTR was described as bearish over the prior day.
To fund the Bitcoin acquisition, Strategy sold 125,183 MSTR shares over the week for approximately $21 million. That amount, together with about $500 million from its USD Cash reserves, was used for the purchase. The larger capital movement in the filing was a repurchase of 1.9 million STRC preferred shares for $192.4 million, which market commentary described as roughly nine times the amount deployed into Bitcoin. As of Monday, the company reported $4.88 billion in its USD Reserve and a further $640.5 million in USD Cash.
The company said approximately $354.8 million remained available under its digital credit securities repurchase program and about $1 billion under its MSTR stock repurchase program. Capacity under these authorizations gives Strategy continued flexibility to manage its capital structure alongside its Bitcoin accumulation.
Market conditions were weak at the time of the filing. Bitcoin traded near $83,100, flat over 24 hours, and remained more than 30% below its record high above $126,000 reached in October 2025. According to the report, Bitcoin is down about 6% year to date and 28% over the past 12 months. MSTR shares were up about 0.6% in premarket trading but remain roughly 1.7% lower year to date and more than 50% lower over the past 12 months. Retail sentiment on Stocktwits toward Bitcoin and MSTR was described as bearish over the prior day.
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