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Strategy buys 250 BTC for $21.5M, raising total Bitcoin holdings to a record 848,250 BTC.

Market News
12 Oct 2026
Tokenpost
View Source
Bullish
Strategy buys 250 BTC for $21.5M, raising total Bitcoin holdings to a record 848,250 BTC.

Strategy has purchased 250 Bitcoin for $21.5 million at an average price of $86,194 per BTC, extending its Bitcoin accumulation streak to four consecutive weeks. This latest purchase brings its total Bitcoin holdings to a new record of 848,250 BTC as of October 11. The company resumed regular Bitcoin buying in mid-September after a summer pause and continues to balance its Bitcoin acquisitions with preferred stock repurchases and maintaining significant cash reserves. This ongoing strategy highlights the company's commitment to expanding its Bitcoin assets while managing liquidity through preferred stock and cash holdings.

The strategy's $21.5 million Bitcoin purchase adds to its record holdings, providing context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 12, 2026 18:41 WIB: out of 50 major cryptocurrencies, 36 rose and 13 fell. Notable movers include CAKE at Rp42.487 (+7.04%, 55% Buy), AVAX at Rp196.312 (+6.39%, 71% Buy), and ONE at Rp35 (-5.67%, 65% Buy).

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