Strategy purchased 1,036 BTC for $81.9 million between November 2 and November 8, marking its second consecutive week of Bitcoin acquisitions, according to an SEC filing. The Bitcoin treasury company announced the purchase on Monday, alongside the repurchase of $188.3 million of its STRC preferred stock, per an official statement. Both moves were funded through the sale of 2,051,348 shares of MSTR common stock.

With the latest acquisition, Strategy now holds 850,364 BTC, acquired for a cumulative $64.16 billion at an average price of roughly $75,456 per coin — a stockpile that makes it the largest corporate holder of bitcoin.

Strategy has acquired 1,036 $BTC and repurchased $188M of $STRC. As of 11/8/26, we hold 850,364 BTC and $4.9B of USD Assets. $MSTR

— Strategy (@Strategy) November 9, 2026

The company paid an average of $79,012 per coin for the week's purchase — above the average across its total holdings — and the buy was larger than the prior week's transaction, when Strategy resumed buying with 811 BTC for $65.5 million following a one-week pause.

Strategy also bought back 1,887,464 shares of STRC, its variable-rate preferred stock, for $188.3 million, down from $208.2 million in repurchases the previous week. The sale of 2,051,348 MSTR shares generated $283.8 million in net proceeds, of which the remaining $13.6 million was directed to Strategy's USD Cash account.

That marks a shift in funding method from the prior week, when Strategy drew on USD Cash to pay for its STRC buyback, reducing the balance to $132.7 million. With the new share-sale proceeds, USD Cash stood at $146.2 million as of November 8. The sequencing shows how Strategy's financing works in practice: sales of common stock supply the cash for both new bitcoin and preferred-share buybacks, with any surplus left sitting in the USD Cash account.

Strategy's separate USD Reserve, which covers dividends on its preferred stock and interest payments on its debt, held $4.77 billion after the company paid out $21.1 million in preferred dividends during the week.

The company retains approximately $560.3 million of capacity under its preferred stock repurchase program and $1 billion under its program for buying back MSTR common stock.

MSCI Index Decision Looms

The disclosure comes two days before index provider MSCI is scheduled to publish the list of companies affected by its newly finalized rules on firms dominated by a single asset — rules that could result in Strategy's removal from MSCI's equity indexes. Index membership matters for the stock because funds that passively track MSCI's benchmarks hold the constituent shares, and the published list will show which companies fall under the new concentration thresholds.

Strategy's preferred stock is also adjusting to a new payment schedule. Shareholders approved daily dividends on the company's four preferred stocks last month, starting with STRC on November 1.