--- title: "Strategy buys 811 bitcoin for $65.5 million and repurchases $208.2 million of STRC" description: "Strategy bought 811 bitcoin for $65.5 million at an average of $80,846 per coin between October 26 and November 1, Decrypt reported, citing an SEC filing,…" language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-we-found-room-even-more-d527768cae2b1f" published: 2026-11-02T13:12:00.000Z updated: 2026-11-02T14:13:01.000Z indexable: true --- # Strategy buys 811 bitcoin for $65.5 million and repurchases $208.2 million of STRC Strategy bought 811 bitcoin for $65.5 million at an average of $80,846 per coin between October 26 and November 1, Decrypt reported, citing an SEC filing,… Attributed sources: [The Block](), [Decrypt](), [Bitcoin Magazine](), [Cointelegraph]() ## Key facts Strategy bought 811 bitcoin for $65.5 million at an average of $80,846 per coin between October 26 and November 1, Decrypt reported, citing an SEC filing, bringing holdings to 849,327 BTC acquired for about $64.08 billion. The company funded the purchase by selling 1,178,552 MSTR shares for $164 million in net proceeds and also repurchased 2,092,035 STRC preferred shares for $208.2 million from USD Cash. Evidence strength: Multiple publishers, 4 publisher group(s) (The Block, Decrypt, Bitcoin Magazine, Cointelegraph). After site detection, observed returns were 5 minutes: -0.04% (Nov 2, 2026, 13:12 → Nov 2, 2026, 13:17, UTC; Gate · USDT); 1 hour: +0.29% (Nov 2, 2026, 13:12 → Nov 2, 2026, 14:12, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff Nov 2, 2026, 13:12, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.04% | -0.04% | 0.00 pts | Nov 2, 2026, 13:12 → Nov 2, 2026, 13:17 | Gate · USDT | | 1 hour | +0.29% | +0.29% | 0.00 pts | Nov 2, 2026, 13:12 → Nov 2, 2026, 14:12 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.14% | | 99th percentile of absolute hourly returns | 1.23% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / Nov 2, 2026, 13:12 | ## Claims and open questions - Strategy bought 811 BTC for $65.5 million at an average of $80,846 per coin, funded by selling 1,178,552 shares of MSTR stock for $164 million in net proceeds, according to an SEC filing cited by Decrypt. - Strategy now holds 849,327 BTC, acquired for a total of $64.08 billion at an average of about $75,451 per coin, Decrypt reported. - Strategy bought back 2,092,035 shares of STRC preferred stock for $208.2 million, paid from USD Cash, which fell to $132.7 million from $242.4 million a week earlier, per Decrypt. - What exact mechanism or liquidity constraints drove the shift toward repurchasing STRC rather than issuing preferred stock to fund bitcoin purchases, and whether Strategy will confirm the rationale in an official statement. ## Source evidence - [‘We found room for even more orange’: Michael Saylor’s Strategy scoops up another 811 bitcoin for $65.5 million]() — The Block; published Nov 2, 2026, 13:09; received Nov 2, 2026, 13:12 (UTC). - [Strategy Resumes Bitcoin Buys With $66M Purchase]() — Decrypt; published Nov 2, 2026, 13:19; received Nov 2, 2026, 13:20 (UTC). - [Strategy (MSTR) Adds 811 Bitcoin, Strive (ASST) Follows Suit With 124 as Both Keep Stacking]() — Bitcoin Magazine; published Nov 2, 2026, 13:50; received Nov 2, 2026, 13:52 (UTC). - [Strategy spends triple its weekly Bitcoin outlay on STRC buybacks]() — Cointelegraph; published Nov 2, 2026, 13:48; received Nov 2, 2026, 13:57 (UTC). ## Recent BTC events and market reactions - [Mercado Bitcoin freezes deposits and withdrawals after security incident]() — Published Nov 2, 2026, 15:53 (UTC) · Multiple publishers (2 publishers) · Security · 5m -0.36% - [Binance hackers begin swapping stolen Solana tokens for Bitcoin, Chainalysis says]() — Published Nov 2, 2026, 12:40 (UTC) · Single source (1 publisher) · Security · 5m -0.05% / 1h +0.37% - [Strangers send sub-dollar payments to Binance hacker wallets with messages]() — Published Nov 2, 2026, 05:18 (UTC) · Single source (1 publisher) · Security · 5m +0.13% / 1h -0.02% - [BTCPay tells merchants to shut down servers after reports of drained hot wallets]() — Published Nov 2, 2026, 04:41 (UTC) · Multiple publishers (2 publishers) · Security · 5m -0.06% / 1h -0.08% - [Bitcoin recovers toward $79,000 as markets absorb crypto's largest hack]() — Published Nov 2, 2026, 04:42 (UTC) · Single source (1 publisher) · Security · 5m +0.02% / 1h -0.07% - [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]()