FeesSafety
Pluang+

Strategy halts Bitcoin buys, spends $205M repurchasing preferred shares instead

Market News
26 Oct 2026, 17:00 WIB
Bitcoin
View Source
Neutral
Strategy halts Bitcoin buys, spends $205M repurchasing preferred shares instead

Strategy paused its bitcoin purchases last week, keeping holdings steady at 848,517 BTC, while repurchasing 2.07 million preferred shares (STRC) for $204.9 million. This shift reflects a focus on reshaping its capital structure rather than expanding its bitcoin treasury. The company still holds nearly $1 billion in preferred stock buyback authorization and over $4.8 billion in USD reserves, maintaining financial flexibility. Strategy’s bitcoin holdings remain valued above $67 billion despite no recent additions.

The strategy's recent shift from buying bitcoin to repurchasing preferred shares offers context for readers. For those tracking cryptocurrency markets, here is Pluang's snapshot as of Oct 26, 2026 20:21 WIB: Among 50 major cryptocurrencies, 29 rose and 18 fell today. Notable moves include XTZ at Rp5.081 with a 1-day change of -1.99% and a Pluang order activity split of 46% Sell / 54% Buy, BCH at Rp5.021.703 with a 1-day change of +1.92% and 81% Sell / 19% Buy activity, and ALGO at Rp1.891 with a 1-day change of +1.89% and 98% Sell / 2% Buy activity.

More News

AS Tallinna Sadam secures €50M loan to redeem bonds, supporting port operations and growth.

AS Tallinna Sadam secures €50M loan to redeem bonds, supporting port operations and growth.

AS Tallinna Sadam signed a €50 million unsecured loan agreement with AS Swedbank, maturing in five years with an interest rate based on 3-month Euribor plus margin. The loan, drawn on October 26, 2026, will be used to redeem bonds worth €50.4 million...

Company Fundamentals
Neutral
24 minutes ago
Tallinna Sadam secures €50M loan to refinance bonds maturing in 2026, extending debt to 2031.

Tallinna Sadam secures €50M loan to refinance bonds maturing in 2026, extending debt to 2031.

AS Tallinna Sadam has signed a €50 million unsecured loan agreement with Swedbank, with a 5-year term and interest based on 3-month Euribor plus a margin. The loan will be fully drawn on October 26, 2026, and matures on October 26, 2031. This financi...

Company Fundamentals
Neutral
24 minutes ago
Vita Coco and Homesick launch limited-edition candles inspired by Vita Coco Treats flavors

Vita Coco and Homesick launch limited-edition candles inspired by Vita Coco Treats flavors

Vita Coco, a leading coconut water brand, has partnered with Homesick to create a limited-edition candle collection inspired by Vita Coco Treats flavors: Strawberries & Creme and Frosted Lemonade. The candles capture the essence of these flavors thro...

Others
Bullish
1 hour ago
Neo Security appoints Scott Stout as Chief Revenue Officer to boost agentic software sales.

Neo Security appoints Scott Stout as Chief Revenue Officer to boost agentic software sales.

Neo Security has named Scott Stout as its new Chief Revenue Officer to lead global revenue growth and expand sales of its agentic software security platform. Stout brings over 20 years of cybersecurity experience, including leadership roles at Cisco ...

Market News
Bullish
1 hour ago
62% of Americans plan to buy secondhand gifts this holiday, valuing uniqueness over new items

62% of Americans plan to buy secondhand gifts this holiday, valuing uniqueness over new items

ThredUp's 2026 Holiday Resale Report reveals that 62% of Americans intend to buy secondhand gifts this holiday season, with 55% preferring unique, vintage items over brand-new ones. Shoppers are allocating about 37% of their gift budget to secondhand...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App