Strategy has added 1,037 Bitcoin to its balance sheet, bringing its total holdings to 850,364 BTC. The latest purchase pushes the company past the 850,000 coin mark.
Purchase details and prior buy
Before this purchase, Strategy reported holding 849,327 BTC. Adding 1,037 coins brings the total to 850,364. The prior disclosed buy, according to the company’s SEC filings, was 811 BTC acquired for about $65.5 million between October 26 and November 1, 2026, at an average price of roughly $80,846 per Bitcoin. The newest purchase is 226 coins larger than the one before it.
Average cost and total position
Based on the 849,327 BTC figure, Strategy’s average acquisition cost is about $75,451 per coin, putting its total cost basis at roughly $64.08 billion. The prior week’s average purchase price of about $80,846 was above the company’s blended average of about $75,451. Bitcoin’s supply is capped at 21 million coins, and the 849,327 BTC position represented approximately 4% of that cap.
Funding the purchases
Strategy primarily funds Bitcoin purchases through its at-the-market (ATM) offering. During the period covering the 811 BTC buy, the company sold 1,178,552 shares of Class A common stock through its ATM program, generating about $164 million in net proceeds. In the same window, Strategy spent $208.2 million repurchasing its STRC preferred stock. The company reports holding about $4.9 billion in USD reserves.
Background and investor considerations
Strategy, formerly known as MicroStrategy, remains the largest publicly traded corporate holder of Bitcoin. The company has executed dozens of Bitcoin purchases in 2026 alone, adding tens of thousands of coins over the year. Executive Chairman Michael Saylor is the public face of that cadence, regularly posting updates about holdings and market moves on social media and investor channels.
For shareholders, the central trade-off remains: every ATM sale adds new shares, diluting existing holders, with the bet that the Bitcoin bought is worth more over time than the ownership given up. When coins are bought above the company’s historical average, as in the prior week’s purchase, the margin for error narrows. Watching how the blended cost basis moves from one filing to the next is a simple way to track that pressure. The $208.2 million STRC repurchase shows Strategy is actively managing its preferred stock, not just issuing common equity. The $4.9 billion reserve lowers risk but does not remove it.
