Strategy
Strategy bought 811 BTC for $65.5 million and repurchased STRC for $208 million
Strategy, the largest public holder of Bitcoin, resumed purchases after a week-long pause: 811 BTC for $65.5 million at an average of $80,846. The reserve increased to 849,327 BTC. Another treasury company, Strive, bought 124 BTC for $10 million.
Strategy Acquires STRC for $2 Billion: Market Reaction and Assessments
Strategy (MSTR) fell nearly 10% after the third quarter results for 2026, but StoneX and TD Cowen maintained 'buy' ratings with target prices of $435 and $260. The company ended the quarter with $5.07 billion in dollar assets, including a reserve of $4.83 billion, and repurchased STRC preferred shares for approximately $2 billion, returning them to a par value of around $100.
MSCI to Decide on Exclusion of Strategy from Indices on November 11
MSCI will announce the final composition of the indices on November 11, with changes taking effect after the close on November 30. Five companies, including Strategy and Metaplanet, are on the list of potential exclusions. Strategy assesses the position of index funds at 13 million shares – 3.1% of the base capital.
Strategy to Finance New BTC Purchases Through Preferred Shares
Strategy plans to finance new BTC purchases through preferred shares. Saylor discusses the potential of up to $30 billion without additional issuance of common stock and without an increase in the price of Bitcoin. In Q3, the company reported a net profit of $19.53 billion.
Strategy Shareholders Approved Daily Dividends for Four Preferred Stocks
On October 28, Strategy shareholders approved an amendment for daily dividend accruals for STRF, STRC, STRK, and STRD. Preliminary results show 99.3% in favor, according to Executive Chairman Michael Saylor. Dividends are accrued daily but paid on the next business day.
Strategy Suspends Bitcoin Purchases and Repurchases Preferred Shares for $204.9 Million
For the first time since mid-September, Strategy did not buy Bitcoin over the week and did not sell shares through the ATM program. Instead, the company repurchased 2,068,459 preferred shares of STRC for $204.9 million. The reserve remains at 848,517 BTC.
Strategy Allocated $888 Million for Stock Buybacks
Strategy spent $888 million on stock buybacks and $290 million on Bitcoin purchases, indicating a decline in cash reserves and a drop in BTC acquisitions.
Strategy Increases Buyback Limit for Preferred Shares to $3 Billion
Strategy has acquired 267 BTC for $22.1 million and repurchased preferred shares of STRC for $193.1 million, increasing the limit of its digital credit securities buyback program.
Strategy and Metaplanet at Risk of Exclusion from MSCI Indices
Companies Strategy and Metaplanet may be excluded from MSCI Global Index Funds due to a new methodology that makes non-operational companies eligible for inclusion.
Strive Acquires 3,311 BTC in a Week, Outpacing Strategy by 13 Times
Strive Asset Management's recent purchase of 3,311 bitcoins has surpassed Michael Saylor's purchases for the first time.