CryptoUpdated×2•Originally published 5 October 2026•Updated 5 October 2026•
1 min read
Strategy Stock Rises 2% After Buying 334 Bitcoin at $85.8k Average
Key Facts
1Strategy Inc acquired an additional 334 Bitcoin for approximately $28.7 million.
2The company's total Bitcoin holdings reached 848,000 BTC with a total cost basis of $63.97 billion.
3The company spent $176 million on buybacks of its own STRC shares.
Strategy stock rose 2% on Monday, October 5, 2026, following the disclosure that it purchased an additional 334 Bitcoin at an average price of $85,838.80 per coin. Reports from Bitcoin.com and Crypto Briefing noted the acquisition cost approximately $28.7 million, bringing the company's total holdings to 848,000 BTC with a total cost basis of $63.97 billion.
MSTR was trading higher on October 5, 2026, after closing the previous session at $160.01 on October 2, 2026. The company reportedly financed $15.7 million of the latest purchase through MSTR equity sales and repurchased 1.77 million STRC shares for $176 million, as it estimated third-quarter digital asset gains at $21 billion.