# Strategy Repurchases $188.3 Million in STRC Preferred Shares By John Kim Canonical URL: https://www.tokenpost.com/news/business/52956 Published: 2026-11-10T09:23:45.000Z Updated: 2026-11-10T09:23:45.000Z Section: Business > The company also bought 1,036 Bitcoin during Nov. 2–8 and held 850,364 BTC at the end of the period. Strategy Inc. repurchased $188.3 million of STRC preferred stock and bought 1,036 Bitcoin (BTC) from Nov. 2 through Nov. 8, pairing a share buyback with an addition to its crypto treasury. Strategy Executive Chairman Michael Saylor disclosed the week’s transactions on Nov. 9. The company held 850,364 BTC as of Nov. 8. At that cutoff, Strategy listed a $4.77 billion USD Reserve and $146.2 million in USD Cash. Together, those dollar balances totaled about $4.9 billion. The STRC transaction involved shares of Strategy’s preferred stock. Strategy [expanded its buyback authorization]() to $3 billion, adding $1 billion to the program. The program covers STRC and other preferred securities. Strategy repurchased $193.1 million of STRC shares during Oct. 12–18 under that program. The Nov. 2–8 transactions represent a separate week of preferred stock repurchases and Bitcoin purchases. ## Links in this article - [expanded its buyback authorization](https://www.tokenpost.com/news/business/34916)