Strategy Pauses Bitcoin Buying and Puts $205 Million Into STRC Instead

By Isaac • October 26, 2026 11:09 am •

Strategy just made a capital-allocation choice that Bitcoin watchers cannot dismiss as routine.

The world’s largest corporate Bitcoin holder bought no Bitcoin last week. Instead, it spent $204.9 million repurchasing 2,068,459 STRC preferred shares, its largest weekly STRC buyback in more than a month, according to Decrypt’s detailed summary of the company’s latest filing and capital-account movements.

Strategy also sold no common shares through its at-the-market program during the October 19-25 reporting period.

Strategy still holds 848,517 BTC acquired for roughly $64.02 billion, or an average of $75,446 per coin. For one week, management found a more urgent use for available cash.

The company repurchased 2,068,459 STRC shares with money from its flexible USD Cash account.