Strategy buys 334 Bitcoin as preferred share buybacks hit $1.45 billion
Image: CryptoSlateStrategy (formerly MicroStrategy) bought 334 Bitcoin for $28.7 million last week, per SEC filings. Total BTC holdings now stand at 848,000. Over the same period, the company spent $176.3 million on preferred stock buybacks, roughly six times the Bitcoin purchase amount. Total preferred buybacks under its expanded $2 billion program have reached $1.45 billion, with $547.2 million remaining. It booked a $20.91 billion third-quarter fair-value gain on its Bitcoin holdings, which are worth roughly $72.4 billion at current prices.
Key points
- Strategy bought 334 BTC for $28.7 million last week, per SEC filings.
- Total BTC holdings now stand at 848,000.
- Strategy booked a $20.91 billion third-quarter fair-value gain on its Bitcoin holdings.
Why it matters
The shift in Strategy's capital allocation from Bitcoin purchases to preferred buybacks changes how it funds future BTC accumulation. Its record BTC holdings and large Q3 fair-value gain highlight Bitcoin's growing role in public company treasury strategies.
Price context · BTC
At publication
$85,354.00
Now
$85,581.00
Change since
+0.27%
7 days · dashed line = publication
Sources · 2 publishers
CryptoSlate
Tier 2
Strategy buys just 334 Bitcoin as preferred-share buybacks reach $1.45 billion
Coverage timeline
- First reported by BeInCrypto
- Confirmed by CryptoSlate
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error