# Strategy Buys 250 Bitcoin for $21.5 Million in Latest Accumulation

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/30440
Published: 2026-10-12T15:57:56.000Z
Updated: 2026-10-12T15:57:56.000Z
Section: Business

> The company also repurchased $192.4 million of its STRC preferred stock and now holds 848,250 BTC.

Strategy bought 250 Bitcoin (BTC) for $21.5 million between Oct. 5 and Oct. 11, extending the company’s return to weekly cryptocurrency purchases.

The company also repurchased $192.4 million of its STRC preferred stock during the period. The Bitcoin purchase was funded with proceeds from MSTR stock sales and Strategy’s USD Cash reserve.

Strategy now holds 848,250 BTC. The company has bought Bitcoin for four consecutive weeks after a period of more sporadic purchases and extended pauses as it built its cash reserves.

Formerly known as MicroStrategy, Strategy began accumulating Bitcoin in 2020 and has since shifted its corporate treasury strategy toward the asset. Its USD Reserve supports preferred-stock dividends and interest payments, while its USD Cash reserve is used for Bitcoin purchases.