Strategy's Bitcoin Holdings Reach 848,250 BTC After Latest $21.5M Buy
What happened: Michael Saylor's Strategy acquired an additional 250 BTC for approximately $21.
What happened: Michael Saylor's Strategy acquired an additional 250 BTC for approximately $21.5 million between October 5 and 11, bringing its total holdings to 848,250 BTC—about 4% of the maximum Bitcoin supply. This is the smallest weekly purchase by Strategy in 2026, funded primarily through at-the-market (ATM) share sales and a small cash component. The company also repurchased 1.93 million STRC preferred shares for $192.4 million.
Why it matters: Strategy's pace of accumulation has slowed dramatically compared to 2024, reflecting both tighter market conditions and reduced leverage from share sales. While the firm’s BTC position is now valued at over $70 billion, the deceleration signals a maturing institutional approach and may influence market expectations regarding large-scale corporate accumulation.
Source: The Block, 24/7 Wall St., Yahoo Finance