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Strategy buys 267 BTC, extending Bitcoin purchases to 4 weeks amid $193M stock buyback

Market News
19 Oct 2026
Crypto Briefing
View Source
Bullish
Strategy buys 267 BTC, extending Bitcoin purchases to 4 weeks amid $193M stock buyback

Strategy Inc., led by Michael Saylor, purchased an additional 267 Bitcoin, marking four consecutive weeks of Bitcoin accumulation. The company also repurchased $193 million in preferred stock, signaling confidence in both Bitcoin and its capital strategy. Market odds show a 73.5% chance for Strategy's stock (STRC) to hit $100 by year-end, though recent declines suggest some uncertainty. Investors await official confirmation of the Bitcoin purchase to gauge its impact on STRC's price.

Strategy Inc.'s recent Bitcoin accumulation streak extends to four weeks, highlighting ongoing interest in the cryptocurrency. For readers following the broader crypto market, here is Pluang's market snapshot as of Oct 19, 2026 19:21 WIB: out of 50 major cryptocurrencies, 23 rose and 25 fell today. Notable movers include Basic Attention Token (BAT) with a 3.12% gain and a typical hold time on Pluang of 93 days, The Sandbox (SAND) down 2.80%, and Filecoin (FIL) down 2.65%.

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