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STRC hits $100 as Strategy Inc. boosts bitcoin to 848,000 BTC and spends $176M on buybacks

Market News
05 Oct 2026
Crypto Briefing
View Source
Bullish
STRC hits $100 as Strategy Inc. boosts bitcoin to 848,000 BTC and spends $176M on buybacks

Strategy Inc., formerly MicroStrategy, has increased its bitcoin holdings to 848,000 BTC and spent $176 million on STRC share buybacks as part of a board-approved program. This dual strategy aims to grow bitcoin reserves while managing STRC's market position, boosting the likelihood of STRC reaching $100 by year-end to 85.5%. Investors will watch for future bitcoin purchases and buyback updates, as these moves could impact STRC's price and market confidence.

Strategy Inc.'s bitcoin holdings have reached 848,000 BTC alongside $176 million spent on STRC buybacks. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 05, 2026 19:01 WIB: out of 50 major cryptocurrencies priced on Pluang, 37 rose and 12 fell today. Notable movers include DOT at Rp21.744 with a 1-day change of +2.47% and a typical hold time of 121 days, BAT at Rp1.847 with -2.29% and a typical hold time of 93 days, and COTI at Rp254 with +2.22% and a typical hold time of 121 days.

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