Strategy Adds 811 Bitcoin and Repurchases $208.2M of STRC Shares

Strategy acquired 811 Bitcoin for about $65.5 million and repurchased roughly $208.2 million of its STRC shares, the company said November 2. The dual move keeps the bitcoin-focused firm adding to its treasury while retiring preferred equity tied to its capital structure. The purchase implies an average price near $80,800 per coin, based on the disclosed totals. It matters because Strategy remains one of the largest corporate BTC holders, so its buying pace and funding choices are watched as a signal of institutional demand. Next, watch whether the company sustains purchases through equity and preferred issuance and how STRC repurchases affect its leverage.