Strategy acquired 267 BTC for $22.1 million between October 12 and 18, paying an average of $82,900 per coin. The purchase was funded by selling 140,872 shares of MSTR common stock and using $0.1 million in cash. The company now holds 848,517 BTC, purchased for a total of $64.02 billion.
The firm also repurchased $193.1 million of its STRC preferred stock, buying back 1,938,780 shares using USD cash reserves. Following these transactions, the board increased the authorized limit for the digital credit securities repurchase program from $2 billion to $3 billion. As of October 18, $1.16 billion remains available under this program.
Financial disclosures indicate that as of October 18, Strategy held $5.3 billion in USD assets. The company utilized $45.5 million from its USD reserve to pay dividends. The reserve balance stood at $4.83 billion, while USD cash holdings were reported at $447.3 million.
Strategy faces potential exclusion from MSCI equity indexes following a rule change targeting companies with balance sheets dominated by a single asset. MSCI will announce the list of affected companies on November 11, with removals effective after the close of November 30. This change could force index-tracking funds to sell their shares.
