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Michael Saylor-Backed Strategy Buys Just 250 Bitcoin, Its Smallest Purchase Of 2026

Reported by Stocktwits ·Tradingview
Oct 16, 2026· 2 min read
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Key Takeaways
  • • Strategy (MSTR) bought 250 BTC in the week reported on October 12, 2026, at an average price of $86,194 per coin, its smallest purchase of 2026 and the 14th-smallest in its history as a Bitcoin treasury, according to an SEC filing.
  • • Total holdings rose to 848,250 BTC, acquired at an average cost of $75,444 per coin.
  • • The purchase was funded by selling 125,183 MSTR shares for about $21 million, plus roughly $500 million from USD Cash reserves.
  • • Strategy repurchased 1.9 million STRC preferred shares for $192.4 million in the same period, while reporting $4.88 billion in its USD Reserve and $640.5 million in USD Cash as of Monday.
  • • Bitcoin traded near $83,100, down about 6% year to date and more than 30% below its October 2025 record above $126,000; MSTR is down about 1.7% year to date and more than 50% over 12 months.
Summary
Strategy, the Bitcoin treasury company led by Michael Saylor, disclosed in a filing with the Securities and Exchange Commission that it acquired 250 Bitcoin over the prior week at an average price of $86,194 per coin, according to Stocktwits. The purchase brings the company's total holdings to 848,250 BTC, acquired at an average price of $75,444. Stocktwits reported that the buy was the smallest Bitcoin purchase Strategy has made in 2026 and the 14th-smallest in its history as a Bitcoin treasury.

The company funded the purchase primarily through equity and reserve sources. Strategy sold 125,183 MSTR shares for approximately $21 million and drew on about $500 million from its USD Cash reserves. In the same period, it repurchased 1.9 million STRC preferred shares for $192.4 million. As of Monday, Strategy 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 remained under its MSTR stock repurchase program.

Market conditions were soft at the time of reporting. Bitcoin traded around $83,100, flat over 24 hours, after trying to hold above $83,000 in early trading. MSTR shares edged up 0.6% in premarket trade. Stocktwits said retail sentiment on Bitcoin and MSTR remained bearish over the prior day. Bitcoin has fallen about 6% year to date and 28% over the past 12 months, and remains more than 30% below its record high above $126,000 reached in October 2025. MSTR is down about 1.7% year to date and more than 50% over the past 12 months.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Stocktwits Michael Saylor-Backed Strategy Buys Just 250 Bitcoin, Its Smallest Purchase Of 2026 Tradingview Michael Saylor-Backed Strategy Buys Just 250 Bitcoin, Its Smallest Purchase Of 2026