Strategy said on November 9, 2026, that it had bought 1,036 BTC for $81.9 million during November 2–8, marking its second consecutive week of Bitcoin purchases. The same update disclosed a $188.3 million buyback of STRC preferred shares, with both transactions funded by sales of MSTR common stock.
Original report published November 9, 2026, at 21:24:29 UTC+08:00. This is a historical-source account, not a current market update.
More Bitcoin, funded by common-stock sales
According to the SEC filing cited by Decrypt, Strategy paid an average of $79,012 per BTC. Its total holdings reached 850,364 BTC, acquired for $64.16 billion at an average cost of approximately $75,456 per coin.
The purchase exceeded the previous week’s acquisition of 811 BTC for $65.5 million, which had followed a one-week pause.
Alongside the Bitcoin purchase, Strategy repurchased 1,887,464 shares of STRC, its variable-rate preferred stock, for $188.3 million. That was down from $208.2 million in STRC repurchases the week before.
To fund the two transactions, the company sold 2,051,348 MSTR shares, generating $283.8 million in net proceeds. The remaining $13.6 million went into its USD Cash account. The distinction matters: this was not simply a Bitcoin accumulation announcement, but also an equity-financing and preferred-stock repurchase update.
Cash and reserve balances are separate
The funding approach differed from the previous week, when Strategy used USD Cash to pay for its STRC buyback, reducing that balance to $132.7 million. With the new proceeds, USD Cash increased to $146.2 million as of November 8.
Its separate USD Reserve, designated to cover preferred-stock dividends and debt interest, stood at $4.77 billion after $21.1 million in preferred dividends were paid during the week. Strategy’s accompanying social-media post summarized its USD assets at $4.9 billion.
The company also reported approximately $560.3 million still available under its preferred-stock repurchase program and $1 billion under its MSTR repurchase program. Those amounts represented remaining program capacity, not completed purchases.
MSCI decision remained unresolved
At the time of the report, index provider MSCI was due in two days to publish the list of companies affected by its new rules for firms dominated by a single asset. Those rules could remove Strategy from MSCI equity indexes; the report did not establish that removal had occurred.
Strategy was also transitioning its preferred stock to a new payment schedule. Shareholders had approved daily dividends on its four preferred stocks in October 2026, starting with STRC on November 1.
The disclosed purchases and financing describe what Strategy reported doing. The pending index decision remained a separate uncertainty—not a settled outcome or a signal of future Bitcoin returns.