Strategy, the Bitcoin-focused company led by Michael Saylor, bought 811 BTC for $65.5 million and now holds 849,327 BTC. The company also described how its common stock, MSTR, and its perpetual preferred stock, STRC, offer different levels of Bitcoin exposure.
Strategy acquired 811 BTC for $65.5 million, which lifts its holdings to 849,327 BTC. The company is led by Michael Saylor and focuses on Bitcoin.
Two securities, two risk profiles
Alongside the purchase, Strategy highlighted how its capital structure provides Bitcoin exposure at varying levels of volatility. The announcement covers its common equity, MSTR, and its perpetual preferred stock, STRC.
The structure is designed to offer different risk profiles. MSTR is positioned as the higher-volatility option, while STRC is positioned as a more stable, income-oriented security.
STRC buyback and market pricing
The disclosure also mentions that Strategy repurchased approximately $208.2 million of STRC.
Crypto Briefing's market table shows 88.1% odds that STRC hits $100 by December 31, and 86.5% for December 1, 2026. Crypto Briefing says the announcement appears consistent with supportive pricing for STRC.
Crypto Briefing adds that announcements about further BTC purchases or changes in dividend rates could indicate supportive pricing for YES outcomes.
Source: Crypto Briefing
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