StocksMediumUpdated•Originally published 12 October 2026•Updated 12 October 2026•
1 min read
MSTR Stock Jumps as Markets Cheer Share Repurchases and Bitcoin Expansion
Key Facts
1Strategy repurchased $192.4M in STRC shares, nearly 9 times the amount spent on its recent Bitcoin acquisition.
2The company purchased an additional 250 BTC for $21.5M, bringing its total holdings to 848,250 BTC.
MSTR stock price jumped on Monday, October 12, 2026, extending upside momentum following Strategy's announcement of a $192.4 million share repurchase. Media reports indicated the company also acquired an additional 250 Bitcoin units for $21.5 million, bringing its total treasury holdings to 848,250 BTC.
MSTR was trading at $165.20 on October 12, 2026, rising significantly from its previous close of $154.34 on October 9, 2026. The price action follows the company's reported strategy of balancing capital allocation between direct STRC equity repurchases and increasing its digital asset exposure.