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bitcoin newsOct 12, 2026AI summary

Strategy Adds 250 BTC, Repurchases $192.4 Million in STRC Stock

Strategy increased its bitcoin holdings to 848,250 BTC and disclosed a $192.4 million repurchase of its STRC preferred stock.

Strategy Adds 250 BTC, Repurchases $192.4 Million in STRC Stock

Michael Saylor’s Strategy acquired 250 bitcoin for about $21.5 million, bringing its total holdings to 848,250 BTC.

The company disclosed the purchase on Monday, Oct. 12, 2026. Saylor had hinted at another bitcoin addition in a post the previous day.

Strategy also bought back $192.4 million worth of STRC preferred stock. According to Bitcoin.com News, the company retired nearly 2 million STRC shares.

Source: Bitcoin.com News

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