Strategy Expands Bitcoin Reserves to Record High With New Purchase

Strategy Expands Bitcoin Reserves to Record High With New Purchase

2026-10-19 companies

Tysons Corner, Monday, 19 October 2026.
Strategy acquired 267 Bitcoin for $22.1 million, bringing its total holdings to a record 848,517 coins while expanding its share repurchase program to $3 billion.

Strategy Expands Bitcoin Reserves to Record High With New Purchase

Strategy announced on Monday, 19 October 2026, the acquisition of an additional 267 bitcoin, marking a continuation of its aggressive accumulation strategy [2][4]. The purchase was executed at an aggregate price of $22.1 million, reflecting an average purchase price of approximately $82,900 per bitcoin [4]. This latest transaction elevates the company’s total corporate cryptocurrency holdings to an all-time high of 848,517 BTC [1][2]. The acquisition covers the reporting period from October 12 to October 18, 2026, as disclosed in a regulatory filing [4]. Prior to this week, filings from October 12 indicated holdings of 848,250 BTC, confirming the net increase [7]. The company’s total bitcoin inventory was acquired at an aggregate cost of $64.02 billion, resulting in an average purchase price of $75,446 per bitcoin across all holdings [4].

Capital Allocation and Share Repurchase Program Expansion

Concurrent with the bitcoin acquisition, Strategy repurchased $193.1 million worth of its STRC shares during the same reporting period [2][4]. The funding for these bitcoin purchases was generated through the sale of 140,872 shares of Class A common stock under its at-the-market offering program, which yielded net proceeds of $22.0 million [4]. In a significant move to support capital structure, the company’s board approved an increase in the authorized repurchase limit under its digital credit securities repurchase program from $2.0 billion to $3.0 billion [4][6]. This expansion represents a 50 percent increase in the authorized limit for digital credit securities buybacks [4]. As of October 18, 2026, $1.16 billion remained available under the expanded program, indicating substantial capacity for future transactions [4]. Additionally, the company utilized $45.5 million of its USD Reserve to pay dividends on preferred stock, maintaining liquidity for ongoing obligations [4].

Market Context and Regulatory Headwinds

The announcement follows hints from Co-founder Michael Saylor on Sunday, 18 October 2026, where he suggested potential further accumulation [2][7]. Despite the positive accumulation news, the company faces potential regulatory classification challenges, recently experiencing a hit after MSCI finalized new rules targeting crypto treasury firms [2]. JPMorgan previously estimated that removing Strategy from relevant indices could lead to $2.8 billion in passive outflows from MSTR, though this impact remains an estimate pending the final list of affected entities [2]. Market participants remain attentive to whether the potential removal has been priced in, with some analysts arguing Wall Street has remained bullish on MSTR despite the threat [2]. As of the latest data, the company maintains a USD Reserve balance of $4.83 billion and USD Cash totaling $447.3 million, providing a buffer against market volatility [4].

Sources


Corporate Treasury Bitcoin Reserve