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.
This acquisition strengthens Strategy's influence in the crypto market, potentially impacting Bitcoin's price stability and corporate adoption. Strategy adds 250 Bitcoin to lift holdings to 848,250 BTC.
Strategy Inc.'s actions may boost market confidence in STRC, potentially impacting its price trajectory and influencing broader investment strategies. Strategy buys 250 BTC, repurchases $192M in stock amid capital restructuring.
The SEC says the framework takes effect Oct. 16, with Bitcoin and Ethereum initially eligible and product-risk education required before trading.
The purchase brings Strategy's total Bitcoin holdings to 848,250 BTC.
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