Strategy added 250 BTC for $21.5 million during October 5–11, taking its holdings to 848,250 BTC. But the bigger move was a $192.4 million buyback of preferred shares, while MSTR hovered near $151.

  • Strategy sold 125,183 MSTR shares for about $21 million to fund the Bitcoin purchase.
  • Its BTC stash cost roughly $64 billion in total, averaging $75,444 per coin.
  • No MSTR common-share buyback was disclosed; STRC is a separate preferred class.

LaunchBar take: the Bitcoin stack keeps growing, but this week’s capital allocation leaned heavily toward STRC—not BTC. MSTR’s $147–$150 support zone is the near-term level to watch; a break below it could deepen the pullback. Track dilution as well as accumulation.