Strategy bought 811 BTC for $65.5 million between October 26 and November 1, resuming its bitcoin acquisitions after skipping a week, according to a Form 8-K filing with the U.S. Securities and Exchange Commission. These weekly filings are the company's formal record of its bitcoin-buying activity.

The bitcoin treasury firm announced the purchase on Monday, November 2, confirming it paid an average of $80,846 per coin during the week-long buying window. It funded the purchases by selling 1,178,552 shares of its MSTR common stock for $164 million in net proceeds, directing $65.5 million toward bitcoin and adding the remaining $98.5 million to its USD Cash account.

The company detailed the transactions in a press release and announced them on X:

Strategy has acquired 811 $BTC and repurchased $208M of $STRC. As of 11/1/26, we hold 849,327 BTC and $4.9B of USD Assets. $MSTR

— Strategy (@Strategy) November 2, 2026

The Monday announcement was accompanied by updated figures on the company's cash positions and preferred stock buyback activity.

Last week's report was the first since mid-September in which Strategy did not buy bitcoin; instead, it disclosed $204.9 million in STRC repurchases. The week before that, it bought 267 BTC for $22.1 million.

With the latest acquisition, Strategy now holds 849,327 BTC, acquired for a cumulative $64.08 billion at an average price of roughly $75,451 per coin — the largest bitcoin treasury among publicly traded companies. The $80,846 average paid this week sits above that cumulative average, nudging the overall cost basis slightly higher.

The company also repurchased 2,092,035 shares of STRC, its variable-rate preferred stock, for $208.2 million in the latest week, all paid from USD Cash. That figure is up from the $204.9 million spent on buybacks the previous week.

The spending drew down Strategy's USD Cash — the pool it maintains for general corporate purposes, including bitcoin purchases — to $132.7 million, from $242.4 million a week earlier. Its separate USD Reserve, which covers preferred dividends and interest payments on its debt, stood at $4.79 billion after paying out $43.4 million in dividends. About $748.6 million remains available under the company's program for repurchasing preferred stock.

In its X post, Strategy said its combined USD assets total $4.9 billion and put its "USD Duration" — its measure of how long those assets could cover dividends and interest — at 3.3 years.

STRC moves to daily dividends

The renewed purchases coincide with a change to STRC's dividend schedule. Shareholders approved daily dividends on Strategy's four preferred stocks last week, and STRC's first daily record date fell on November 1.

Separately, Mizuho Financial Group maintained its Outperform rating and $165 price target on MSTR following Strategy's third-quarter earnings call, citing a stronger balance sheet with net leverage down to 2.4% from 8.4%, according to a summary of the note. Analyst Dan Dolev, however, flagged dilution concerns, noting that bitcoin per share — a measure of how much bitcoin backs each common share — has fallen 3.7% this year.

Strategy also faces possible removal from MSCI's equity indexes under a rule the index provider finalized in October, which treats companies dominated by a single asset as ineligible for inclusion. Index membership matters for listed companies because passive funds that track major benchmarks generally hold an index's constituents. MSCI is set to publish the list of affected companies on November 11, a disclosure that will show whether Strategy's index standing changes.