Strategy repurchases $205M of STRC shares
The repurchases used $204.9 million of USD Cash; USD Cash stood at $242.4 million and the USD Reserve at $4.83 billion on October 25, 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Strategy Inc repurchased 2,068,459 shares of STRC for $204.9 million from October 19, 2026 to October 25, 2026, using USD Cash. During the same period, it did not sell shares under its at-the-market offering program and did not purchase or sell bitcoin.
As of October 25, 2026, Strategy held approximately 848,517 bitcoin, acquired at an aggregate purchase price of $64.02 billion and an average purchase price of approximately $75,446 per bitcoin, inclusive of fees and expenses. Its USD Reserve was $4.83 billion and USD Cash was $242.4 million.
Strategy said $956.8 million of aggregate purchase price remained available under its digital credit securities repurchase program, and $1.0 billion remained available under its MSTR Stock repurchase program.
Filing Explained
Strategy says its USD Reserve is intended for preferred-stock dividends and debt interest, while USD Cash serves broader treasury uses; the reported STRC repurchase was funded from USD Cash.
8-K Event Classification
Key Figures
Key Terms
at-the-market offering program financial
digital credit securities repurchase program financial
USD Reserve financial
USD Cash financial
Bitcoin Treasury Company purposes financial
FAQ
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How much bitcoin does Strategy hold?
How much remains available under Strategy's repurchase programs?
What does Strategy use its USD Reserve and USD Cash for?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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Registrant's telephone number, including area code:
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
ATM and BTC Update
On October 26, 2026, Strategy Inc ("Strategy") announced that, during the period from October 19, 2026 to October 25, 2026, Strategy did not sell any shares under its at-the-market offering program and did not purchase or sell any bitcoin.
As of October 25, 2026, Strategy holds approximately 848,517 bitcoin that were acquired at an aggregate purchase price of $64.02 billion and an average purchase price of approximately $75,446 per bitcoin, inclusive of fees and expenses.
Repurchase Program Updates
On October 26, 2026, Strategy announced the following update with respect to its share repurchase programs of the following securities:
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During Period October 19, 2026 to October 25, 2026 |
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Shares Repurchased |
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Aggregate Purchase Price (in millions) |
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STRF Stock (1) |
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$ |
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10.00% Series A Perpetual Strife Preferred Stock |
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STRC Stock (1) |
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2,068,459 |
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$ |
204.9 |
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Variable Rate Series A Perpetual Stretch Preferred Stock |
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STRK Stock (1) |
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- |
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$ |
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8.00% Series A Perpetual Strike Preferred Stock |
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STRD Stock (1) |
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$ |
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10.00% Series A Perpetual Stride Preferred Stock |
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MSTR Stock (2) |
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- |
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$ |
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Class A Common Stock |
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Total |
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2,068,459 |
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$ |
204.9 |
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(1) $956.8 million aggregate purchase price of Strategy's preferred stock remains available under its digital credit securities repurchase program.
(2) $1.0 billion aggregate purchase price of MSTR Stock remains available under Strategy's MSTR Stock repurchase program.
USD Reserve and USD Cash Updates
As part of its capital framework, Strategy maintains: (i) a U.S. dollar reserve (the "USD Reserve"), which is intended to support the payment of dividends on Strategy's preferred stock and interest on its outstanding indebtedness, and (ii) "USD Cash", which management maintains to deploy for broader general Bitcoin Treasury Company purposes, which may include acquiring bitcoin, expanding the USD Reserve, broader capital management uses, and other similar purposes.
During the period from October 19, 2026 to October 25, 2026, Strategy used $204.9 million of USD Cash to fund repurchases of STRC Stock.
As of October 25, 2026, the balances of the USD Reserve and USD Cash were $4.83 billion and $242.4 million, respectively.
Item 7.01 Regulation FD Disclosure.
Strategy Dashboard
Strategy also maintains a dashboard on its website (www.strategy.com) as a disclosure channel for providing broad, non-exclusionary distribution of information regarding Strategy to the public, including information regarding market prices of its outstanding securities, bitcoin purchases and holdings, certain key performance indicator metrics and other supplemental information, and as one means of disclosing non-public information in compliance with its disclosure obligations under Regulation FD. Investors and others are encouraged to regularly review the information that Strategy makes public via the website dashboard.
Furnished Information
The information disclosed pursuant to Item 7.01 in this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: October 26, 2026 |
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Strategy Inc (Registrant) |
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By: |
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/s/ Thomas C. Chow |
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Name: |
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Thomas C. Chow |
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Title: |
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Executive Vice President & General Counsel |