Strategy Buys 811 Bitcoin for $65.5M, Expanding Holdings to 849,327 BTC
The Bitcoin treasury firm has made a significant purchase amid market fluctuations, boosting its BTC holdings and repurchasing $208.2M in preferred stock.
The Bitcoin treasury firm has made a significant purchase amid market fluctuations, boosting its BTC holdings and repurchasing $208.2M in preferred stock. Bitcoin (BTC) is trading at $77,336.00, down 0.5% since this brief published. This is an original TLT brief synthesising 4 outlets (Bitcoin.com, Crypto Economy, Decrypt, and others), with their figures cross-checked, plus live market data, as of Mon, 02 Nov 2026 16:15:02 UTC.
This substantial Bitcoin purchase demonstrates ongoing institutional interest in BTC despite market volatility, while the stock repurchase indicates strategic financial management of the company's balance sheet.
- Strategy acquired 811 BTC for $65.5M at ~$80,846 per coin.
- Total Bitcoin holdings now stand at 849,327 BTC, valued at ~$66B.
- The firm also repurchased $208.2M in STRC preferred stock.
- Bitcoin price remains near $77,748 amid market uncertainty.
Multiple outlets (Bitcoin.com, Crypto Economy, Decrypt, Coinfomania) confirm Strategy purchased 811 BTC for $65.5M, bringing its total holdings to 849,327 BTC. The average purchase price is reported as $80,846 per coin by Crypto Economy and Coinfomania, while the total value of holdings is estimated at approximately $66 billion. However, there are discrepancies in the reported average cost per Bitcoin, with estimates ranging from $75,451 (Crypto Economy) to $80,846 (Coinfomania). Additionally, Decrypt and Bitcoin.com both report a $208.2M stock repurchase, highlighting the company's strategic financial management.
- Strategy Shifts Strategy: Pauses Bitcoin Buys Amid Market Pressure
- Ark Invest Adjusts Portfolio: Buys Circle Shares, Sells Bitcoin ETF Holdings
- Strategy Buys 811 Bitcoin for $65.5M, Expanding Holdings to 849,327 BTC — this brief
Strategy, a major 
Bitcoin treasury firm, has made a significant investment by acquiring 811 BTC for approximately $65.5 million. This purchase comes after a one-week pause in buying activity and brings the company's total Bitcoin holdings to 849,327 BTC.
The purchase was made at an average price of $80,846 per Bitcoin, according to Crypto Economy and Coinfomania. This acquisition Strategy's position as one of the largest institutional holders of Bitcoin, with holdings now valued at around $66 billion based on current market prices.
In addition to the Bitcoin purchase, Strategy repurchased $208.2 million worth of its STRC preferred stock. This move, reported by both Bitcoin.com and Decrypt, indicates the company's strategic approach to managing its financial position and potentially enhancing shareholder value.
The acquisition comes amid a period of market fluctuation, with Bitcoin's price currently hovering around $77,748, representing a 0.32% decrease over the past 24 hours. The overall crypto market cap stands at $2.68 trillion, reflecting a relatively flat market trend.
The Fear & Greed Index remains at 37, indicating a 'Fear' sentiment among investors. Despite this, Strategy's aggressive investment strategy suggests confidence in the long-term potential of Bitcoin and its role in the company's treasury management.
Looking ahead, market participants will be watching to see if other institutional investors follow Strategy's lead. The company's financial maneuvers, including the stock repurchase, suggest a focus on both growth and stability in its asset management approach.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $77,748.00 to $77,336.00 — -0.53%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $80,000 in November?
Crowd-implied probability on Polymarket, $324.77K 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 2 15:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦107.15M (about $77,336.00), down 0.7% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
3 key figures independently matched across 4 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Strategy Buys 811 Bitcoin for $65.5M, Expanding Holdings to — questions & answers
What was the average price per Bitcoin in Strategy's recent purchase?
The average price was $80,846 per Bitcoin according to multiple outlets.
How much did Strategy spend on stock repurchases?
The company repurchased $208.2 million in STRC preferred stock.
What is Strategy's total Bitcoin holdings after this purchase?
The total holdings are now 849,327 BTC, valued at approximately $66 billion.
How much is 1 Bitcoin worth in naira today?
About ₦107.15M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $77,336.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.53% since this brief first published — trading at $77,336.00 now versus $77,748.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com, Crypto Economy, Decrypt, Coinfomania, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.