CryptoMediumUpdated•Originally published 19 October 2026•Updated 19 October 2026•
1 min read
Strategy Boosts Stock Buyback Program to $3B and Acquires More Bitcoin
Key Facts
1Strategy repurchased $193 million worth of its STRC shares.
2The company acquired an additional 267 Bitcoin to bolster its digital reserves.
3The company announced an expansion of its securities program alongside these moves.
Strategy increased its preferred stock buyback program to $3 billion after repurchasing 1.94 million STRC shares for $193 million. Crypto Briefing reported that the company also acquired an additional 267 Bitcoin to bolster its digital reserves while expanding its securities program.
MSTR closed at $136.83 on October 16, 2026, with the stock trading between a low of $134.11 and a high of $146.83 during that session. These actions reinforce the firm's position as a major corporate holder of cryptocurrency, bringing its total holdings to 848,517 BTC.