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BreakingCrypto

Strategy Inc Increases Bitcoin Holdings to 848,000 BTC and Executes Share Buybacks

First Detected: Oct 5, 2026, 12:17 PM
Last Update: 26 minutes ago
12 articles·1 stories

Event Summary

Strategy Inc announced the acquisition of an additional 334 Bitcoin for approximately $28.7 million at an average price of $85,838.80 per coin. This purchase brings the company's total holdings to 848,000 BTC with a total cost basis of $63.97 billion. Additionally, the company spent $176 million on buybacks of its own STRC shares. These actions highlight the firm's ongoing commitment to expanding its digital asset portfolio and executing its capital allocation strategy.

Timeline

Strategy Stock Rises 2% After Buying 334 Bitcoin at $85.8k Average
Oct 5, 2026, 12:17 PMImpact: 4

Price Impact

Since event start
BTC-0.75%