Strategy buys 811 Bitcoin for $65.5M, repurchases $208.2M in preferred shares

The largest corporate Bitcoin holder spent more than three times as much on preferred stock buybacks as it did on new coins Strategy added another 811 Bitcoin to its treasury, spending $65.5 million on the purchase. The company also repurchased $208.2 million of its preferred shares, more than three times what it put into Bitcoin. The numbers behind the week The 811 BTC purchase is modest by Strategy’s standards. The company’s weekly Bitcoin acquisitions typically land in the range of a few hundred coins, so this one sits at the upper end of normal rather than breaking any records. Those routine purchases are usually funded through at-the-market sales of MSTR common stock. Strategy’s treasury held 848,517 BTC as of mid-to-late October 2026. The company acquired that stack at an average price of $75,446 per coin, for a total cost basis of $64.02 billion. Dividing this week’s $65.5 million by 811 coins puts the per-coin price above that $75,446 average. Each new purchase at a higher price nudges the company’s blended cost basis upward. The $208.2 million buyback is the more unusual figure. During October 2026, Strategy had been spending between $190 million and $205 million each week...