Strategy Inc boosts buyback limit to $3 billion, buys 267 bitcoin

Strategy Inc expanded its digital credit securities repurchase authorization to $3 billion on October 19, 2026. The board approved this increase from the previous $2.0 billion cap, which now includes commissions, fees, expenses, and prior repurchases. As of October 18, 2026, $1.16 billion remained available under the program.

The company also disclosed updates to its at-the-market offering and bitcoin holdings for the week ending October 18, 2026. Strategy sold 140,872 shares of Class A common stock (MSTR) during this period, generating $22.0 million in net proceeds. No shares of the preferred stock series STRF, STRC, STRK, or STRD were sold.

Using the net proceeds from MSTR sales plus $0.1 million in USD cash, Strategy purchased 267 bitcoin. The aggregate cost was $22.1 million, with an average price of $82,900 per coin inclusive of fees. This brings the company's total holdings to 848,517 bitcoin.

In share repurchase activity during the same week, Strategy bought back 1,938,780 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for $193.1 million. No repurchases occurred for STRF, STRK, STRD, or MSTR. After these transactions, $1.0 billion remained available under the MSTR stock repurchase program.

The company deployed $193.1 million in USD cash to fund the STRC buybacks and $45.5 million from its USD reserve to pay preferred stock dividends. As of October 18, 2026, the USD reserve balance was $4.83 billion and USD cash totaled $447.3 million.