Strategy Buys 1,036 BTC for $81.9M, Repurchases $188M of STRC

Updated Nov. 9, 8:16 AM ET: added 8-K details and context.

Strategy bought 1,036 BTC for $81.9 million between Nov. 2 and Nov. 8, 2026, according to an 8-K filing submitted to the SEC on Monday, Nov. 9, at about 8:00 AM ET. The average purchase price was $79,012 per coin, and total holdings rose to 850,364 BTC. In the same week the company spent $188.3 million repurchasing its STRC preferred shares.

Details

The purchase was funded by selling MSTR common stock under the at-the-market program: 2,051,348 shares were sold for net proceeds of $283.8 million. Of that, $81.9 million went to bitcoin, $188.3 million to repurchasing 1,887,464 STRC shares, and $13.6 million to the "USD Cash" balance. No STRF, STRK, STRD or STRC shares were sold, and nothing else, including MSTR stock, was repurchased.

Cumulative spending on bitcoin, including fees, is about $64.16 billion at an average of $75,456 per coin. The week before, Oct. 26–Nov. 1, Strategy bought 811 BTC and repurchased $208.2 million of STRC.

About $560.3 million remains under the preferred-stock repurchase program and $1.0 billion under the MSTR program. The separate USD Reserve, which backs preferred dividends and debt interest, was $4.77 billion on Nov. 8 after $21.1 million was used during the week. USD Cash stood at $146.2 million.

What it means for the market

Strategy has now bought bitcoin with MSTR stock proceeds two weeks running while continuing to buy back STRC, and the purchase grew from 811 to 1,036 BTC. It is steady, if small against a stack of 850,364 BTC, demand from the largest corporate holder.

The week's average price of $79,012 is above the market: around 8:10 AM ET BTC traded near $74,900 on Binance, slightly below the average cost of Strategy's whole holding ($75,456). For the live price see the daily brief; more on bitcoin is on the BTC page. This is not investment advice.