Strategy's Bitcoin holdings have climbed to a new record of 848,250 BTC after the company purchased an additional 250 Bitcoin for approximately $21.5 million between Oct. 5 and Oct. 11, its latest weekly purchase window, according to an Oct. 12 disclosure.

The Michael Saylor-led company also repurchased $192.4 million of its STRC preferred shares, leaving $354.8 million still available under its repurchase authorization. Despite the fresh acquisition and the accompanying capital-management activity, Strategy's common stock finished Monday's session lower, while STRC moved closer to its $100 reference price.

Holdings Reach an All-Time High

The latest purchase leaves Strategy holding 848,250 BTC worth almost $70 billion. The firm has spent a cumulative $64 billion to build its position, acquiring its Bitcoin at an average price of $75,444 per coin — a cost basis that sits below where Bitcoin traded during Monday's session.

That balance is the largest amount of BTC the company has ever held and represents roughly 4% of Bitcoin's total supply, the report noted — a meaningful share of an asset capped at 21 million coins, and the product of an accumulation program the company has run since adopting its Bitcoin treasury strategy in 2020. The milestone also marks a notable turnaround for Strategy, which was selling Bitcoin only a few months ago amid significant pressure from the cryptocurrency's own struggles.

Following the purchase, Strategy chairman Michael Saylor shared the company's Bitcoin chart on X, writing that "there's always room for more orange."

MSTR Slips While STRC Nears Its Peg

MSTR closed at $152.68 on Monday, Oct. 12, down 1.08% during the session after opening the day around $154. The decline extends last week's struggles, a stretch in which the stock lost more than 7% of its value.

Even so, Strategy's mid-term performance has been mostly positive. The stock is up more than 16% over the past month and 18.69% over the last six months, and it retains a positive year-to-date return, making it a stronger performer than Bitcoin itself. That track record suggests the recent decline is most likely a reflection of broader market performance: the Nasdaq and the S&P 500 both fell on the day amid rising oil prices.

The cryptocurrency market also retreated, with Bitcoin falling from $84,000 to $82,000 during the session. Concerns about whether the U.S. Federal Reserve will increase interest rates remain unresolved.

STRC has staged a recovery of its own. The preferred stock, which is designed to trade at $100, fell as low as $74 in June amid the company's struggles. It now trades at $99.88, up 0.23% on the day, placing it very close to its peg, although it has not yet reached that level. Whether STRC closes that final gap, and how Strategy deploys the $354.8 million remaining under its repurchase authorization, are the near-term markers for readers tracking the company's next moves.

Separately, Strategy reported $21 billion in digital asset gains for the third quarter of 2026.

This article is for informational purposes only and does not constitute financial or investment advice.