Bitcoin Magazine
Strategy (MSTR) Adds 1,036 Bitcoin for $81.9 Million as Holdings Slip Below Cost
Strategy bought another 1,036 bitcoin last week. The Saylor-led firm spent $81.9 million at an average of $79,012 per coin between November 2 and November 8, a Monday 8-K filing shows, lifting total holdings to 850,364 BTC bought for $64.16 billion at an average of $75,456.
The coins were funded with net proceeds from MSTR common stock sales. Strategy sold about 2.05 million shares for $283.8 million, put $81.9 million into bitcoin, spent $188.3 million buying back its STRC preferred and parked $13.6 million in USD cash. No preferred stock was sold under the ATM during the week.
That buyback retired about 1.89 million STRC shares. Strategy still has $560.3 million left under its preferred repurchase program and $1.0 billion under its MSTR buyback authorization, with about $18.3 billion of MSTR still available under the ATM.
Executive Chairman Michael Saylor posted the update on X: “Strategy has acquired 1,036 $BTC and repurchased $188M of $STRC. As of 11/8/26, we hold 850,364 BTC and $4.9B of USD Assets.”
On Sunday he shared his usual “dots” tracker chart with the line “Connecting the dots,” a tease that has often preceded Monday buy filings. The chart landed after a weekend slide that pushed bitcoin toward $74,000, its weakest level since August.
The filing lands as the spot bitcoin price sits below Strategy’s average cost. 9% under the $75,456 basis, leaving the stack roughly $550 million underwater on paper.
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