Strategy Adds 1,036 BTC and Retires $188.3M of Preferred Stock

Strategy acquired 1,036 Bitcoin for $81.9 million between November 2 and November 8, according to a company disclosure reported by Bitcoin World. The acquisition increased the firm’s Bitcoin holdings, although the supplied coverage did not provide its resulting total or an average purchase price for the individual coins. In the same disclosure, Strategy said it had repurchased $188.3 million of STRC preferred stock. The transaction therefore combined an increase in exposure to Bitcoin with a sizable return of capital through the company’s preferred-stock program, rather than representing a purchase confined to either activity. Bitcoin World was the only outlet included in the supplied coverage, so the transaction details have not been independently corroborated in this report. The source attributed the figures to Strategy’s disclosure; the coverage did not include further details about the timing, price, or terms of the STRC repurchases.

The wider market context was subdued when the disclosure was reported. Bitcoin traded at $67,179, down 2.15% over 24 hours and 11.66% over seven days, with a market capitalization of $1.35 trillion. The total crypto market capitalization stood at $2.33 trillion, while the Fear & Greed index registered 13, categorized as extreme fear. Against that backdrop, the reported Bitcoin purchase and preferred-stock repurchase are notable capital-allocation actions, though the supplied figures do not establish whether either transaction affected market prices.