01—Abstract
Summary
Summary of the 8-K filed October 13, 2026. Cited figures are marked; the original filing is the authoritative source.
Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE) issued a press release on October 12, 2026, announcing capital markets and capital management updates for the period October 5 to October 11, 2026, furnished as Exhibit 99.1 to this Form 8-K.
During the period, the company acquired 250 bitcoin at an aggregate purchase price of $21.5 milliona, an average purchase price of $86,194 per bitcoin inclusive of fees and expenses. Aggregate bitcoin holdings reached 848,250 BTC as of October 11, 2026, with an aggregate purchase price of $64.00 billion and an average purchase price of $75,444. Funding for the bitcoin purchases came primarily from MSTR Stock sales: 125,183 shares of Class A Common Stock were sold under the at-the-market program, generating $21.0 million in net proceeds that were used to fund bitcoin purchases, with $0.5 million from USD Cash.
The company also repurchased 1,932,145 shares of its STRC preferred stock for $192.4 millionb. No shares of STRF, STRK, STRD or MSTR common stock were repurchased in the period.
As of October 11, 2026, the USD Reserve balance was $4.88 billionc and USD Cash was $640.5 million. Remaining capacity under programs as of October 11, 2026 included $1,619.3 million for STRF, $17,510.8 million for STRC, $2,100.0 million for STRK, $4,014.8 million for STRD and $18,807.6 million for MSTR under the ATM program, along with $354.8 million remaining under the digital credit securities repurchase program and $1.0 billion remaining under the MSTR Stock repurchase program.
02—Key points
Key Highlights
- Acquired 250 bitcoin during October 5–11, 2026 for an aggregate purchase price of $21.5 million, bringing aggregate holdings to 848,250 BTC.
- Aggregate bitcoin purchase price of $64.00 billion and average purchase price of $75,444 per bitcoin as of October 11, 2026.
- Repurchased 1,932,145 STRC preferred shares for $192.4 million during the period; $354.8 million remains under the digital credit securities repurchase program.
- Sold 125,183 MSTR Class A shares via ATM, with $21.0 million in net proceeds used to fund bitcoin purchases; no preferred stock was sold under the ATM.
- USD Reserve stood at $4.88 billion and USD Cash at $640.5 million as of October 11, 2026; $0.5 million of USD Cash was used for bitcoin purchases.
- Remaining ATM capacity as of October 11, 2026 was $18,807.6 million for MSTR and $17,510.8 million for STRC, with $1.0 billion remaining under the MSTR Stock repurchase program.
03—Questions
Frequently Asked Questions
How much bitcoin did Strategy acquire and at what cost?
Strategy acquired 250 bitcoin during October 5–11, 2026, at an aggregate purchase price of $21.5 million and an average purchase price of $86,194 per bitcoin, inclusive of fees and expenses. Aggregate holdings were 848,250 bitcoin as of October 11, 2026.
How was the bitcoin purchase funded?
Of the purchases, $21.0 million was funded with net proceeds from MSTR Stock sales and $0.5 million with USD Cash.
Did Strategy repurchase any securities during the period?
Yes. Strategy repurchased 1,932,145 shares of STRC preferred stock for an aggregate purchase price of $192.4 million. No shares of STRF, STRK, STRD or MSTR stock were repurchased.
What capacity remains under Strategy's securities programs?
As of October 11, 2026, $354.8 million remained under the digital credit securities repurchase program for preferred stock and $1.0 billion under the MSTR Stock repurchase program. ATM capacity available for issuance was $1,619.3 million for STRF, $17,510.8 million for STRC, $2,100.0 million for STRK, $4,014.8 million for STRD and $18,807.6 million for MSTR.
What are the USD Reserve and USD Cash used for?
The USD Reserve is intended to support payment of preferred stock dividends and interest on outstanding indebtedness. USD Cash is maintained for broader general Bitcoin Treasury Company purposes, which may include acquiring bitcoin, expanding the USD Reserve, and other capital management uses. Balances were $4.88 billion and $640.5 million, respectively, as of October 11, 2026.
04—Continue