Strategy Inc. (NASDAQ: MSTR) disclosed in an SEC filing that it did not buy or sell Bitcoin between October 19 and October 25. The company also did not issue any shares through its at‑the‑market program during that period.
Preferred‑share buyback
Strategy used cash to repurchase 2,068,459 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for a total of $204.9 million. After the transaction, the firm reported $956.8 million remaining for future preferred‑share repurchases and $1 billion allocated for common‑share buybacks. No common shares were repurchased in the same week, and there were no buybacks of other preferred‑share series.
Bitcoin holdings
The company’s Bitcoin treasury remained unchanged at 848,517 BTC, representing a total investment of $64.02 billion and an average purchase price of $75,446 per coin, inclusive of fees.
Financial position
Strategy reported $4.83 billion in dollar reserves and an additional $242.4 million earmarked for treasury operations, the latter of which funded the preferred‑share repurchase.
Stock and market context
Shares of Strategy traded around $142 at midday on Monday, below the previous Friday’s close of $146.01. The stock’s movement often mirrors Bitcoin’s price, which was near $80,000 ahead of the Federal Reserve’s October 28 interest‑rate decision.
Upcoming events
The Federal Reserve is scheduled to announce its next rate decision on Wednesday, October 28, with a Reuters poll indicating expectations of unchanged rates. Strategy plans to release its quarterly earnings on October 29. No timeline was provided for future Bitcoin purchases.
