Strategy Adds 811 BTC, Completes $208M STRC Buyback


Strategy Adds 811 BTC, Completes $208M STRC Buyback
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  • Strategy purchases 811 bitcoin, repurchases $208M in STRC preferred shares, and holds $4.9B in liquidity.
  • Strive doubles bitcoin reserves through SATS ATM issuance, underscoring corporate BTC adoption.

On November 3, 2026 (UTC), Cryptopolitan reported that Michael Saylor’s Strategy (formerly MicroStrategy) acquired 811 additional bitcoin, lifting its total holdings to 849,327 BTC at an average acquisition cost of $75,451 per coin. The acquisition was funded using proceeds from sales of MSTR common stock, with additional funds allocated to fortify the company’s balance sheet.

According to Crypto.news, Strategy also repurchased 2,092,035 shares of STRC preferred stock for $208.2 million in an effort to support the STRC price above $99 and to lower ongoing dividend liabilities related to the preferred securities. The firm paused bitcoin purchases between October 19 and 25 to focus solely on STRC buybacks before resuming bitcoin accumulation from October 26 to November 1.

Strategy reported $4.9 billion in cash and liquid assets as of November 2, 2026, alongside $6.17 billion in debt. The next significant debt maturity occurs in September 2025. Company management indicated that current reserves are sufficient to meet financial obligations for over three years.

Meanwhile, Strive mirrored Strategy by acquiring an additional 124 bitcoin, as detailed by Crypto.news. Strive executed these purchases using its SATS ATM facility, doubling its bitcoin reserves over the past quarter. The company has authorized up to $1 billion in SATS ATM issuance, reflecting ongoing institutional confidence in bitcoin and planning for 2025 debt maturities.

As of November 3, 2026, 05:09 UTC, Bitcoin (BTC) is trading at $76,691.33, reflecting a -2.084% change in 24-hour trading volume, according to CoinMarketCap.

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Article Info
Category
Market
Published
2026-11-03 05:12
NFT ID
PENDING
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