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Strategy buys 250 more Bitcoin, boosting holdings to 848,250 BTC and repurchases $192M in preferred shares.

Protocol Fundamentals
12 Oct 2026
Bitcoin
View Source
Bullish
Strategy buys 250 more Bitcoin, boosting holdings to 848,250 BTC and repurchases $192M in preferred shares.

Strategy, led by Michael Saylor, expanded its Bitcoin holdings by acquiring 250 BTC for about $21.5 million, raising its total to 848,250 BTC. The company also repurchased $192.4 million of its STRC preferred stock, maintaining $5.5 billion in U.S. dollar assets. This move highlights Strategy's dual approach of increasing Bitcoin exposure while managing capital through stock buybacks. The Bitcoin purchase was partly funded by selling MSTR shares, signaling continued confidence in Bitcoin's long-term value.

Strategy's recent moves in Bitcoin and STRC shares provide context for readers following cryptocurrency markets. As of Oct 12, 2026 18:41 WIB, among 50 major cryptocurrencies tradable on Pluang, 36 rose and 13 fell. Notable price changes include ATOM at Rp32.946 with a 1-day change of -4.49%, COTI at Rp241 up 3.89%, and SNX at Rp4.466 up 3.79%.

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