--- title: "Strategy pauses bitcoin purchases, spends $204.9 million buying back STRC" description: "Strategy made no bitcoin purchases or sales in the week of October 19–25 and instead spent $204.9 million repurchasing its STRC preferred stock, Bitcoin Magazine reported, citing a company release. Reported by The Block, Decrypt +2 on 2026-10-26. BTC -0.03% in the 1 hour after detection." language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-strategy-pauses-bitcoin-buys-repurchases-5886712035ca4f" published: 2026-10-26T13:25:05.000Z updated: 2026-10-26T15:46:03.000Z indexable: true --- # Strategy pauses bitcoin purchases, spends $204.9 million buying back STRC Strategy made no bitcoin purchases or sales in the week of October 19–25 and instead spent $204.9 million repurchasing its STRC preferred stock, Bitcoin Magazine reported, citing a company release. Reported by The Block, Decrypt +2 on 2026-10-26. BTC -0.03% in the 1 hour after detection. Attributed sources: [The Block](), [Decrypt](), [Cointelegraph](), [Bitcoin Magazine]() ## Key facts Strategy made no bitcoin purchases or sales in the week of October 19–25 and instead spent $204.9 million repurchasing its STRC preferred stock, Bitcoin Magazine reported, citing a company release. Evidence strength: Multiple publishers, 4 publisher group(s) (The Block, Decrypt, Cointelegraph, Bitcoin Magazine). After site detection, observed returns were 5 minutes: -0.24% (26/10/2026, 13:25 → 26/10/2026, 13:30, UTC; Gate · USDT); 1 hour: -0.03% (26/10/2026, 13:25 → 26/10/2026, 14:25, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.01% (OKX · USDT; cutoff 26/10/2026, 13:25, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.24% | -0.24% | 0.00 pp | 26/10/2026, 13:25 → 26/10/2026, 13:30 | Gate · USDT | | 1 hour | -0.03% | -0.03% | 0.00 pp | 26/10/2026, 13:25 → 26/10/2026, 14:25 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.14% | | 99th percentile of absolute hourly returns | 1.01% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / 26/10/2026, 13:25 | ## Claims and open questions - Bitcoin Magazine reported, citing the company release, that Strategy holds 848,517 BTC acquired for $64.02 billion at an average price of $75,446 per bitcoin and kept a $4.83 billion cash reserve. - Cointelegraph reported that the STRC buybacks reduced Strategy's USD Cash balance by 46% to $242.4 million. - Decrypt reported, citing an SEC filing, that Strategy sold no shares through its at-the-market offering program between October 19 and 25, and that $956.8 million remains available under its $3 billion preferred stock repurchase program. - What Strategy's treasury policy will be going forward, and whether the pause continues, would be confirmed by its next weekly disclosure or SEC filing. - Whether MSCI will include Strategy in the list of affected companies it plans to publish on November 11 would be confirmed by that index announcement. ## Source evidence - [Strategy pauses bitcoin buys, repurchases $205 million of STRC preferred shares]() — The Block; published 26/10/2026, 13:23; received 26/10/2026, 13:25 (UTC). - [Strategy Pauses Bitcoin Buying, Spends $205M Buying Back STRC]() — Decrypt; published 26/10/2026, 13:24; received 26/10/2026, 13:27 (UTC). - [Strategy skips Bitcoin purchases, spends $205M on STRC buybacks]() — Cointelegraph; published 26/10/2026, 13:27; received 26/10/2026, 13:34 (UTC). - [Strategy (MSTR) Pauses Bitcoin Buying and Spends $205 Million on Preferred Stock]() — Bitcoin Magazine; published 26/10/2026, 15:39; received 26/10/2026, 15:40 (UTC). ## Recent BTC events and market reactions - [South Korea weighs fourth delay of 22% crypto tax to 2029]() — Published 26/10/2026, 14:06 (UTC) · Single source (1 publisher) · General news · 5m +0.31% / 1h +0.98% - [Bitcoin Magazine video examines Bitcoin exposure after PHP flaws take sites offline]() — Published 26/10/2026, 13:21 (UTC) · Single source (1 publisher) · Security · 5m -0.30% / 1h +0.12% - [Bitcoin falls below $80,000 as tech sell-off and ETF outflows weigh on risk assets]() — Published 26/10/2026, 13:02 (UTC) · Single source (1 publisher) · Market watch · 5m -0.07% / 1h -0.72% - [Galaxy Research says bitcoin's bear market ended at the June low]() — Published 26/10/2026, 13:01 (UTC) · Multiple publishers (3 publishers) · Market watch · 5m -0.09% / 1h -0.72% - [Strive buys 6,182 bitcoin for $511.4 million, lifting holdings to 43,000 BTC]() — Published 26/10/2026, 12:24 (UTC) · Multiple publishers (2 publishers) · General news · 5m +0.11% / 1h -0.50% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Perpetual funding rates and annualized yield: a 2025 comparison]() - [Bitcoin halving and bull markets: evidence from four halvings]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()