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Strategy Holds 848,250 Bitcoin as Saylor Teases More Buying

A recent SEC filing shows small weekly purchases and large preferred-stock buybacks, and an October 28 shareholder vote and the next SEC disclosure will shape whether the company adds more Bitcoin or shifts cash to capital actions.

Overview

  • Strategy’s October 12 SEC filing, which covers activity through October 11, confirmed the company owns 848,250 BTC bought for roughly $64 billion at an average cost near $75,444 per coin.
  • The filing showed a 250 BTC purchase during the reporting week that cost about $21.5 million and was funded mainly by sales of MSTR common shares plus $500,000 of company cash.
  • During the same week Strategy spent about $192.4 million repurchasing 1,932,145 shares of its STRC preferred stock, a sum nearly nine times the bitcoin outlay for that period.
  • As of October 11 the company reported a designated USD Reserve of $4.88 billion and separate USD Cash of $640.5 million, totals that limit near-term capacity for big bitcoin buys without more share sales or other funding moves.
  • Michael Saylor’s October 18 post hinted at more purchases but did not confirm a trade, so markets are watching for the next weekly SEC disclosure and the October 28 shareholder vote for clear signals on future allocation between BTC accumulation and capital‑structure actions.