Strategy Acquires 811 BTC at $81K in $164M Stock Push as Corporate Bitcoin Race Intensifies

• Strategy purchased 811 BTC for $80,846 each, funded by selling $164 million in MSTR shares and repurchasing STRC preferred stock.
• Strive doubled its Bitcoin holdings with a $1B SATS ATM preferred stock plan, underscoring intensifying corporate BTC accumulation.

On November 2, 2026 (UTC), CoinDesk reported that Strategy, led by Michael Saylor, acquired 811 BTC at an average price of $80,846 per coin. The company raised $164 million by selling 1.17 million MSTR common shares—allocating $65.5 million of the proceeds to the Bitcoin purchase and using the balance to repurchase STRC preferred shares.

Strategy aimed to support STRC’s market price through the buybacks, which contributed to STRC rebounding above $99 after the transaction. This move reinforced the company’s capital structure during a period of market volatility, reflecting a calculated approach to both asset accumulation and shareholder value.

With this acquisition, Strategy’s total Bitcoin holdings climbed to 849,327 BTC. The firm reported $4.9 billion in cash reserves, along with $6.17 billion in outstanding debt, carrying maturities beginning September 2025. These figures highlight Strategy’s aggressive treasury management, balancing Bitcoin accumulation with substantial financial obligations.

In parallel, competitor Strive doubled its Bitcoin holdings in the past quarter by launching the SATS ATM preferred stock facility, raising up to $1 billion for further crypto acquisitions. Such moves by both companies spotlight the intensifying focus of large corporations on Bitcoin as a treasury reserve asset.

As of November 2, 2026, 16:10 UTC, Bitcoin (BTC) is trading at $77,215.18, down 0.86% over the last 24 hours, according to the latest market data.