Strategy added 267 Bitcoin to its holdings as it bought back 1.94 million STRC shares and boosted its preferred stock buyback program to $3 billion. Michael Saylor’s Strategy, the world’s largest publicly traded corporate Bitcoin holder, continued buying Bitcoin last week while spending nearly nine times as much repurchasing its preferred stock. Strategy bought 267 Bitcoin for $22.1 million at an average price of $82,900 between Oct. 12 and Oct. 18, bringing its holdings to 848,517 BTC, according to a Monday filing with the US Securities and Exchange Commission (SEC). The company also repurchased 1.94 million shares of its Stretch (STRC) preferred stock for $193.1 million and increased its digital credit securities buyback authorization to $3 billion from $2 billion. Read more
Strategy conditionally declared daily dividends on STRC, which continued to hover below its $100 par value. Michael Saylor’s Strategy, the largest corporate Bitcoin holder, declared daily dividends on its STRC preferred stock for November, subject to shareholder approval and related amendments taking effect. The company’s board declared cash dividends for each calendar day from Nov. 1 to Nov. 30, with payments beginning Nov. 2. Each dividend will be payable on the business day following its record date, according to a Form 8-K filing with the Securities and Exchange Commission. STRC’s annualized dividend rate would remain at 12% for November. Strategy said management would keep recommending that rate until the stock demonstrates “sustained, healthy trading near $100 per share.” Read more
Strategy, Metaplanet and Upexi were previously identified for deletion under the methodology, with MSCI set to announce its final list on Nov. 11. Index provider MSCI has adopted new rules that could lead to Strategy, Metaplanet and Upexi being removed from its global indexes, while leaving several other crypto treasury companies facing potential exclusion. MSCI said Thursday it will adopt a methodology proposed in August that would make “non-operating companies” ineligible for inclusion in the MSCI Global Investable Market Indexes. MSCI previously identified Strategy (MSTR) among the companies that would be deleted from the indexes under the “non-operating companies methodology.” Sharplink, Inc (SBET), Ton Strategy Company (TONX), Solana Company (HSDT) and DeFi Development Corp. (DFDV) are among companies that would be put on a “watchlist” for potential removal. Read more
Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve. Strategy bought 250 Bitcoin for $21.5 million last week, marking a second consecutive weekly decline in purchases as its Bitcoin holdings reached 848,250 BTC. The company funded $21 million of the purchases through sales of its common stock and the remaining $500,000 with existing cash between Monday and Sunday, according to an announcement published on Strategy’s website. Strategy also continued repurchasing shares of its STRC preferred stock, spending $192.4 million during the week, up from $176.3 million the previous week. Read more
Strategy bought 334 Bitcoin for $28.7 million last week while spending $176.3 million to repurchase about 1.77 million shares of STRC. Michael Saylor’s Strategy last week spent more than six times its weekly Bitcoin buying budget on its repurchases of one of its preferred stocks. Strategy bought 334 Bitcoin (BTC) for $28.7 million between Monday and Sunday, bringing its holdings to exactly 848,000 BTC, according to a Monday 8-K form filing with the US Securities and Exchange Commission. Over the same period, Strategy repurchased about 1.77 million shares of its STRC preferred stock for $176.3 million. Read more
Strategy’s scale and cash reserves give it an edge over treasury rivals, according to Saifedean Ammous, author of “The Bitcoin Standard.” Bitcoin treasury companies built primarily around buying the cryptocurrency may struggle to compete with Michael Saylor’s Strategy, according to economist and “The Bitcoin Standard” author Saifedean Ammous. “I don’t see a compelling case for going to another Bitcoin treasury company other than Michael Saylor’s Strategy,” Ammous said on the latest episode of Cointelegraph’s Proof of Thesis. Strategy holds the world’s largest corporate Bitcoin treasury, with 847,666 BTC acquired for $63.95 billion, according to its Monday 8-K filing. The company also reported a $5.02 billion US dollar reserve to cover preferred stock dividends and debt interest. Read more
A Bitcoin Policy Institute paper says MSCI’s proposed “non-operating company” rule could remove Strategy and Metaplanet from its indexes and may have roots in an earlier crypto treasury review. A Bitcoin policy think tank has questioned how MSCI developed its latest proposal to tighten the rules governing its market indexes, after the benchmark provider identified companies including Strategy and Metaplanet for potential treatment as “non-operating businesses” and exclusion from its indexes. MSCI first proposed excluding digital asset treasury companies from its global indexes in 2025, but shelved the plan in January after pushback and said it would instead review “non-operating companies” more broadly. On Aug. 3, it returned with a wider proposal that could still remove Strategy and Metaplanet from its indexes. In a research paper titled Wall Street’s Invisible Committee, BPI pointed to metadata showing that the source presentation behind MSCI’s consultation was stored in an internal folder for digital asse...
Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases. Michael Saylor’s Strategy bought 1,665 Bitcoin for $142.7 million last week, lifting its holdings to 847,666 BTC as the company sold common shares to fund the purchase. The company bought the Bitcoin at an average price of $85,681 per coin between Monday and Sunday, Strategy said in a Sept. 28 8-K filing with the US Securities and Exchange Commission. Strategy has spent $63.95 billion on its holdings at an average price of $75,437 per Bitcoin, including fees and expenses. Strategy funded the purchase with proceeds from MSTR stock sales. It sold 1.47 million shares for $246.2 million in net proceeds, allocating $142.7 million to Bitcoin and $103.5 million to repurchases of its STRC preferred stock. Read more
Strategy’s proposal would move STRC and its three other preferred stocks to daily dividend payments, following a similar move by Bitcoin treasury firm Strive. Strategy is seeking shareholder approval to move its four preferred stocks, including STRC, to daily dividend payments without changing their dividend rates or the total amount paid. The company’s board approved the proposal on Thursday, according to a Friday filing with the US Securities and Exchange Commission. Shareholders are scheduled to vote on the amendments at a virtual special meeting on Oct. 28. If approved, each calendar day would become a dividend record date, with the corresponding payment made on the next business day. STRC would move to the new schedule first, with its initial daily dividend payment expected on Nov. 2. Read more
President Donald Trump disclosed a July purchase of Strategy shares as his administration continues to advance crypto policy through federal regulators and Congress. President Donald Trump disclosed purchasing $50,001 to $100,000 worth of Strategy shares in July, according to a US Office of Government Ethics filing released Tuesday. The filing shows Trump bought $50,001 to $100,000 worth of Strategy shares on July 27, following a smaller $1,001 to $15,000 purchase three days earlier. Strategy is the world’s largest publicly traded corporate Bitcoin holder, with 846,000 BTC, according to BitcoinTreasuries.net data. Trump also disclosed transactions involving several other crypto-linked companies, including a Coinbase stock purchase and sales of Bitcoin miners MARA Holdings and CleanSpark in July. The July 27 Strategy purchase was the largest of the crypto-linked transactions identified in the filing. Read more
Strategy bought 950 Bitcoin for $75.7 million after a two-week pause and spent another $174 million repurchasing its STRC preferred stock. Michael Saylor’s Strategy resumed buying Bitcoin after a two-week pause while continuing to repurchase its STRC preferred stock. Strategy acquired 950 Bitcoin (BTC) for $75.7 million at an average price of $79,670 per coin between Monday and Sunday, according to a Form 8-K filing with the US Securities and Exchange Commission on Monday. The purchase brought Strategy’s holdings to 846,000 BTC, acquired for about $63.8 billion at an average cost of $75,416 per Bitcoin, including fees and expenses. With Bitcoin trading at $84,925 at the time of publication, Strategy was sitting on an unrealized gain of about $8.05 billion on its holdings. Read more