Strategy has expanded its cryptocurrency portfolio by acquiring 267 Bitcoin for approximately $22 million. This purchase brings the company's total holdings to 848,517 BTC, which are valued at roughly $70 billion. The acquisition was financed through the sale of 140,872 shares of MSTR common stock and $100,000 in cash.
Between October 12 and October 18, the company repurchased 1.94 million shares of its STRC preferred stock for about $193 million. Additionally, Strategy increased the authorization for its digital credit securities repurchase program from $2 billion to $3 billion, leaving $1.16 billion available for future buybacks as of October 18.
The company maintains a separate MSTR common stock repurchase program with $1 billion in available funds. During the same period, Strategy utilized $45.5 million from its USD Reserve to cover preferred stock dividends. As of October 18, the USD Reserve totaled $4.8 billion, while the separate USD Cash balance reached $447 million.
