Strategy’s $193 Million STRC Buyback Dwarfs Its Latest Bitcoin Purchase

Strategy’s $193 Million STRC Buyback Dwarfs Its Latest Bitcoin Purchase


Bitcoin in an institutional treasury scene with a larger stream of capital moving through a vault image By Isaac • October 19, 2026 3:18 pm •

Strategy bought more Bitcoin last week, but the headline number was not the Bitcoin purchase.

The company spent $22.1 million on 267 BTC while putting $193.1 million into repurchasing its STRC preferred stock. That is nearly nine dollars directed to STRC for every dollar used to add Bitcoin.

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According to Decrypt, Strategy paid an average of $82,900 per Bitcoin between October 12 and October 18. The purchase lifted its holdings to 848,517 BTC, acquired for a total of $64.02 billion at an average price of $75,446 per coin.

The 267-BTC addition was close in size to the company’s purchase one week earlier. It was far smaller than the $142.7 million Bitcoin buy Strategy completed in the

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