Strategy Buys 267 BTC, Expands STRC Buyback Program to $3 Billion

Strategy repurchased $193 million of its STRC preferred stock and acquired 267 BTC, bringing its total holdings to 848,517 BTC and $5.3 billion in USD assets as of October 18, 2026, Michael Saylor wrote on X on October 19. The company also raised its Digital Credit Securities Repurchase Program authorization from $2.0 billion to $3.0 billion.

A Weekly Pattern of Incremental Buys

Saylor's October 19 post is the latest in a recurring Monday disclosure cycle the Strategy chairman has used throughout the third quarter of 2026 to update holders on the company's bitcoin accumulation and preferred-stock repurchases. A week earlier, on October 12, Saylor disclosed that Strategy had acquired 250 BTC and repurchased $192 million of STRC, putting total holdings at 848,250 BTC and $5.5 billion in USD assets as of October 11.

The size of weekly bitcoin purchases has varied considerably. On October 5, Saylor reported a $21 billion gain on digital assets for the third quarter of 2026, alongside a larger weekly acquisition of 334 BTC and a $176 million STRC repurchase, bringing holdings to 848,000 BTC as of October 4. The previous week, on September 28, Strategy acquired 1,665 BTC — the largest single weekly addition in this run — alongside a $152 million STRC repurchase, lifting holdings to 847,666 BTC.

STRC is Strategy's STRC preferred stock, part of the layered capital structure the company has used alongside common equity and prior preferred issuances to fund continued bitcoin purchases without diluting common shareholders as heavily. The Digital Credit Securities Repurchase Program is the mechanism Strategy uses to buy back STRC shares; the expansion from $2.0 billion to $3.0 billion in the October 19 post gives the company more room to continue that buyback activity going forward.

What the Expanded Buyback Authorization Signals

The increase in the repurchase program's ceiling, disclosed only in the October 19 post, is a capital-allocation decision made by Strategy's own management, not an externally reported event. Saylor's posts do not state a rationale for why the authorization was raised at this specific moment rather than earlier or later in the cycle.

Taken together, the six weeks of disclosures show a company continuing to add bitcoin in varying weekly amounts while simultaneously managing multiple preferred-stock buyback programs. Readers tracking Strategy's balance sheet can watch Saylor's weekly X posts for the next disclosure, expected on the following Monday based on the pattern observed since September, for whether the newly expanded $3.0 billion authorization gets drawn down and at what pace.