October 12th 2026, 12:06 PM
Saylor's BTC Buy Spree Continues, Strategy Hits New All-Time High
Key Summary
Strategy, a company co-founded by Michael Saylor, has made another significant purchase of Bitcoin, bringing its holdings to an all-time high of 848,250 units. The latest buy was worth $21.5 million, and the company has repurchased $192 million in preferred stock, bringing its USD stash to $5.5 billion. Strategy's accumulation streak now extends to four weeks, with consecutive purchases since resuming in September.
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Bitcoin Accumulation Streak Continues
Strategy's latest Bitcoin purchase brings its holdings to an all-time high of 848,250 units.Recent Developments in Preferred Stock Repurchase
Strategy has repurchased $192 million in preferred stock (STRC) following its decision to halt BTC accumulation and rebuild investors' trust in STRC and its USD stash.Impact on USD Stash and BTC Price
Strategy's USD stash has slipped to $5.5 billion after the latest accumulations, while STRC's price has recovered from summer lows, closing at $99.66 on Friday.Analysis of Saylor's BTC Buy Spree
Michael Saylor's continued accumulation of Bitcoin has sparked interest in the market, with Strategy's latest buy worth $21.5 million. The company's decision to resume its BTC accumulation in September has been beneficial for STRC's price, which has recovered significantly since its lowest point.#Bitcoin#US#Crypto#SEC