Strategy Buys 267 Bitcoin for $22 Million While Repurchasing $193 Million of STRC Preferred Stock

Strategy, the Nasdaq-listed firm formerly known as MicroStrategy, made a relatively modest Bitcoin purchase this week, acquiring just 267 BTC for approximately $22 million, funded almost entirely through a stock sale. The company simultaneously repurchased 1,938,780 shares of its STRC variable-rate preferred stock for $193.1 million during the period of October 12 to October 18, with roughly $1.16 billion remaining available under its digital credit securities repurchase program. Strategy's preferred-dividend reserve held near $4.83 billion heading into the week.

Separately, two Bitcoin addresses dormant since at least 2013 moved a combined total of nearly $34 million in BTC as the crypto traded around $82,000. One transfer alone involved 411.45 BTC worth $33.4 million, sent on October 18 to a single receiving address with no subsequent outgoing transactions observed.

Bitcoin itself spent the day oscillating around the $82,000 level, dipping briefly below it before recovering. The Binance spot price reached $82,190 around 10:16 a.m. ET on October 19, supported by a broader equity market rebound that also lifted Ethereum, XRP, and Dogecoin by roughly 2%.