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Strategy Buys More Bitcoin and Retires Nearly 2M STRC Shares

Michael Saylor’s Strategy has expanded its bitcoin treasury to 848,250 BTC after acquiring another 250 BTC for approximately $21.5 million. The purchase, disclosed Monday, Oct. 12, 2026, followed Saylor’s Sunday teaser a...

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Strategy Buys More Bitcoin and Retires Nearly 2M STRC Shares
Michael Saylor’s Strategy has expanded its bitcoin treasury to 848,250 BTC after acquiring another 250 BTC for approximately $21.5 million. The purchase, disclosed Monday, Oct. 12, 2026, followed Saylor’s Sunday teaser about adding more bitcoin. Strategy also repurchased $192.4 million of its STRC preferred stock, while its combined U.S. dollar reserves and cash holdings stood […]

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Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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