Bits Up

Strategy Adds 1,036 BTC as Share Sales Fund Bitcoin Purchase and STRC Buyback

Strategy purchased 1,036 BTC for $81.9 million between November 2 and November 8, 2026, marking its second consecutive week of Bitcoin purchases, according to an SEC filing cited by Decrypt in its November 9 report.

The company paid an average of $79,012 per coin. As of November 8, its holdings totaled 850,364 BTC, acquired for $64.16 billion at an average cost of about $75,456 per coin.

The latest purchase exceeded the preceding week’s 811 BTC acquisition for $65.5 million, which followed a one-week pause. Those figures measure one company’s treasury accumulation—not growth in Bitcoin users, transactions or broader adoption.

Share issuance funds purchases and buybacks

Strategy also repurchased 1,887,464 shares of STRC, its variable-rate preferred stock, for $188.3 million. That was below the $208.2 million spent on STRC buybacks the previous week.

To fund both the Bitcoin purchase and the STRC repurchase, Strategy sold 2,051,348 MSTR shares, raising $283.8 million in net proceeds. The remaining $13.6 million went into its USD Cash account.

This differed from the previous week, when the company funded its STRC buyback from USD Cash, reducing that balance to $132.7 million. With the additional proceeds, USD Cash stood at $146.2 million on November 8.

Strategy’s separate USD Reserve, used to cover preferred-stock dividends and debt interest, stood at $4.77 billion after $21.1 million in preferred dividends was paid during the week. The company reported approximately $4.9 billion in total USD assets.

About $560.3 million remained available under its preferred-stock repurchase program, alongside $1 billion under its MSTR share-buyback program.

MSCI decision remained a near-term uncertainty

At the time of the November 9 report, index provider MSCI was due to publish, two days later, a list of companies affected by new rules concerning firms dominated by a single asset. Those rules could result in Strategy’s removal from MSCI equity indexes; the report did not establish that removal as a decided outcome.

The company was also transitioning to a new preferred-stock payment schedule. Shareholders had approved daily dividends on its four preferred stocks in October, with STRC moving to that schedule on November 1.

Original publication: November 9, 2026, at 21:24:29 UTC+08:00.
Source: Decrypt’s original article.

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