MSTR Buys 250 BTC, Smallest 2026 Purchase, Amid Bitcoin's $83,000 Struggle
Key Summary
Strategy, a Michael Saylor-backed company, announced its smallest Bitcoin purchase of 2026, buying 250 BTC at $86,194 per coin. The purchase brings Strategy's total Bitcoin stash to 848,250 BTC. MSTR shares edged 0.6% higher in premarket trade, while Bitcoin's price remained flat at $83,100. The company also repurchased 1.9 million STRC shares for $192.4 million.
Bitcoin Purchase Details
Strategy, a company backed by Michael Saylor, has made its smallest Bitcoin purchase of 2026. The company bought 250 BTC at an average price of $86,194 per coin, bringing its total Bitcoin stash to 848,250 BTC. This is the 14th-smallest Bitcoin purchase in the company's history.
MSTR Shares and Bitcoin Price
MSTR shares edged 0.6% higher in premarket trade on Monday, while Bitcoin's price remained flat at $83,100. The company also repurchased 1.9 million STRC shares for $192.4 million.
Company's Financials
As of Monday, Strategy had $4.88 billion in its USD Reserve and another $640.5 million in USD Cash. The company also said approximately $354.8 million remained available under its digital credit securities repurchase program, while about $1 billion remained available under its MSTR stock repurchase program.
Market Sentiment
Retail sentiment around Bitcoin and MSTR shares remained in 'bearish' territory over the past day. Bitcoin's price has declined about 6% year to date and 28% over the past 12 months. MSTR stock is down around 1.7% year to date and more than 50% over the past 12 months.
Image Prompt##
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