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MicroStrategy buys 334 Bitcoin but spends $176M on stock buybacks, reporting $20.9B Bitcoin gain in Q3 2026

Market News
05 Oct 2026
BeInCrypto
View Source
Bullish
MicroStrategy buys 334 Bitcoin but spends $176M on stock buybacks, reporting $20.9B Bitcoin gain in Q3 2026

MicroStrategy, now rebranded as Strategy, purchased only 334 Bitcoin last week for $28.7 million, a much smaller amount compared to previous weeks. Instead, it spent $176.3 million buying back its preferred stock, which pays a 12% dividend, signaling a shift in capital allocation. The company’s Bitcoin holdings now total 848,000 BTC, valued at about $72.4 billion, with a reported $20.91 billion gain on Bitcoin for Q3 2026. Strategy plans to continue focusing on preferred stock buybacks while shareholders will vote on a daily dividend plan later this month.

MicroStrategy's recent capital allocation shift is notable alongside Pluang's cryptocurrency market data. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 05, 2026 19:01 WIB: out of 50 major cryptocurrencies tradable on Pluang, 37 rose and 12 fell today. Among notable movers, XTZ (Tezos) increased by 2.97% to Rp5.937 with a typical hold time of 100 days and a Pluang order activity of 74% Sell / 26% Buy; ZIL (Zilliqa) rose 2.76% to Rp64 with 133 days hold and 0% Sell / 100% Buy order activity; XLM (Stellar) gained 2.61% to Rp3.970 with 84 days hold and 43% Sell / 57% Buy order activity.

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