Strategy Halts Bitcoin Purchases, Spends $205 Million Buying Back STRC Shares Instead

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Michael Saylor’s Strategy has temporarily paused its Bitcoin accumulation strategy, choosing to spend approximately $205 million repurchasing its preferred stock instead. The decision marks a shift in the company’s recent capital allocation priorities as it balances its enormous Bitcoin treasury with the financial obligations associated with its preferred shares. Despite skipping its latest weekly Bitcoin purchase, Strategy remains the world’s largest publicly traded corporate Bitcoin holder, maintaining a treasury of more than 848,000 BTC. TL;DR Strategy purchased no Bitcoin between October 19 and October 25, keeping its holdings unchanged at 848,517 BTC. The company spent $204.9 million repurchasing approximately 2.07 million STRC preferred shares. Strategy retains $4.83 billion in designated dollar reserves, while nearly $957 million remains available for additional preferred stock repurchases. Strategy Pauses Bitcoin Accumulation After Recent Buying Streak Strategy, formerly known as MicroStrategy, reported that it did not purchase or sell any Bitcoin during the week ending Octob...