---
title: "Reports: Strategy buys $22M in bitcoin, repurchases $193M in STRC"
language: en
canonical: "https://whycoinmoves.com/en/events/bitcoin-a8e56e82aac2a7"
published: 2026-10-20T05:33:56.000Z
updated: 2026-10-20T07:53:11.000Z
indexable: true
---

# Reports: Strategy buys $22M in bitcoin, repurchases $193M in STRC

Attributed sources: [Cointelegraph](<https://cointelegraph.com/news/strategy-btc-22-million-buy-strc-buyback-193-million>), [Decrypt](<https://decrypt.co/381302/strategy-buys-22m-in-bitcoin-buys-back-193m-of-strc>)

## Key facts

Two crypto news outlets reported that treasury firm Strategy purchased about $22 million in bitcoin while repurchasing $193 million of its STRC preferred stock. Decrypt reported the company now holds 848,517 BTC bought at an average of $75,446; Cointelegraph reported a 267 BTC addition, a 1.94 million STRC share repurchase and a raised $3 billion preferred buyback cap.
News evidence score: 42/100 from 2 publisher group(s) (Cointelegraph, Decrypt); this measures source completeness, not truth or causation.
After site detection, observed returns were 1 hour: -0.20% (difference from BTC 0.00 pp; 20/10/2026, 13:34 → 20/10/2026, 14:34, UTC+8; OKX · USDT). Unlisted windows are unavailable.
In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff 20/10/2026, 13:33, UTC+8). This hourly baseline is not directly comparable with a minute move.

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC+8) | Source |
| --- | --- | --- | --- | --- | --- |
| 5 minutes | — | — | — | — | — |
| 1 hour | -0.20% | -0.20% | 0.00 pp | 20/10/2026, 13:34 → 20/10/2026, 14:34 | OKX · USDT |
| 24 hours | — | — | — | — | — |

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | true |
| Coverage | 99.9% (719/720) |
| Median absolute hourly return | 0.15% |
| 99th percentile of absolute hourly returns | 1.23% |
| BTC beta | 1.00 |
| Source / cutoff (UTC+8) | OKX · USDT / 20/10/2026, 13:33 |

## Claims and open questions

- Decrypt reported that Strategy bought $22 million in bitcoin, bought back $193 million of STRC, and now holds 848,517 BTC acquired at an average price of $75,446.
- Cointelegraph reported that Strategy added 267 bitcoin, repurchased 1.94 million STRC shares and raised its preferred stock buyback program cap to $3 billion.
- The exact dollar value of the bitcoin purchase is attributed only to the outlets; confirmation would require a Strategy filing or official statement specifying the amount.
- The reported 848,517 BTC total and $75,446 average cost are not independently verified here; an official treasury disclosure or on-chain attribution would be needed.
- The timing and settlement details of the 1.94 million STRC share repurchase are unconfirmed; an exchange or company notice would clarify them.

## Source evidence

- [Strategy buys $22M in Bitcoin, repurchases $193M in STRC](<https://cointelegraph.com/news/strategy-btc-22-million-buy-strc-buyback-193-million>) — Cointelegraph; published 19/10/2026, 20:30; received 20/10/2026, 13:33 (UTC+8).
- [Strategy Buys $22M in Bitcoin, Buys Back $193M of STRC](<https://decrypt.co/381302/strategy-buys-22m-in-bitcoin-buys-back-193m-of-strc>) — Decrypt; published 19/10/2026, 21:04; received 20/10/2026, 13:36 (UTC+8).


## Recent BTC events and market reactions

- [AnchorWatch opens Nevada-chartered bitcoin custody with $370M insurance cap](<https://whycoinmoves.com/en/events/bitcoin-anchorwatch-launches-nevada-trust-company-7d7703ba650e95>)
- [BlackRock files for a third bitcoin fund with a capped-risk options strategy](<https://whycoinmoves.com/en/events/bitcoin-blackrock-files-third-bitcoin-etf-d93beb727638f5>)
- [Full coin archive](<https://whycoinmoves.com/en/coins/bitcoin>)

[Methods and limitations](<https://whycoinmoves.com/en/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.