# Strategy Inc. Teases Further Bitcoin Purchases as Treasury Reaches $70 Billion

- URL: https://stocks.freetheai.org/news/strategy-inc-teases-further-bitcoin-purchases-as-treasury-reaches-70-billion-e53dff
- Published: 2026-10-11T16:07:05Z
- Category: crypto; sentiment: bullish; impact: medium
- Symbols: [NASDAQ:MSTR](https://stocks.freetheai.org/symbols/NASDAQ-MSTR), [BITSTAMP:BTCUSD](https://stocks.freetheai.org/symbols/BITSTAMP-BTCUSD)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
- How write-ups are made: https://stocks.freetheai.org/how-we-write
- Not financial advice: https://stocks.freetheai.org/disclaimer

Strategy Inc. (NASDAQ:MSTR) chairman Michael Saylor signaled that the enterprise software firm is preparing for additional Bitcoin purchases after its crypto holdings reached 848,000 BTC, valued at $70.48 billion. The company now controls 4.04% of the total Bitcoin supply, holding an average purchase price of $75,436 per coin.

The signal comes after an automatic rule temporarily paused capital raising through the firm's primary funding tool, STRC preferred shares. Between October 5 and October 9, STRC traded between $99.43 and $99.66, falling below its $100 par value. Under internal corporate rules, trading below par triggers share buybacks and bars issuing new shares for cryptocurrency acquisitions. To bypass the restriction, the business turned to other financing credit lines totaling $12.69 billion, including its STRF preferred shares trading at $103.98. A recent acquisition of 334 BTC at $85,838 per coin demonstrated that alternative liquidity channels remain functional.

Investors will be watching how the firm manages its funding balance and net asset value, which currently trades at an mNAV Basic discount of 0.92x. With Bitcoin trading around $83,490, the company maintains a profit on its overall crypto portfolio as forced share buybacks work to support discounted share prices.

## Key points

- Strategy Inc. holds 848,000 Bitcoin worth $70.48 billion, representing 4.04% of all Bitcoin in existence.
- The company's average acquisition cost across its full portfolio stands at $75,436 per Bitcoin.
- A decline in STRC preferred shares below par triggered mandatory share buybacks and paused crypto buys through that channel.
- Alternative funding channels, including STRF preferred shares, supported a recent purchase of 334 Bitcoin at $85,838 per coin.

## Questions and answers

### How much Bitcoin does Strategy Inc. own?

Strategy Inc. holds 848,000 Bitcoin worth $70.48 billion, which represents 4.04% of the total Bitcoin supply.

### What is Strategy Inc.'s average purchase price for Bitcoin?

The company's average purchase price across its entire portfolio is $75,436 per Bitcoin.