Key Points
- Strategy Inc. has purchased 390 Bitcoin for roughly $43.4 million between October 20 and October 26, 2025.
- The acquisition was financed entirely by net proceeds from the sale of preferred stock.
Strategy Inc. has recently added 390 Bitcoin to its holdings, spending approximately $43.4 million. The purchase, which took place between October 20 and October 26, 2025, was announced by Michael Saylor, the Chairman of MicroStrategy, on October 27. He indicated that the company has managed to achieve a Bitcoin yield of 26.0% year-to-date.
The acquisition was funded entirely by the net proceeds from the sales of preferred stock, as stated in the company’s Form 8-K filing with the SEC.
Stock Sales and Purchase Details
During the said period, Strategy Inc. sold 175,634 STRF shares, 191,404 STRK shares, and 87,462 STRD shares. The company paid an average price of $111,117 per Bitcoin for the 390 Bitcoin batch.
Updated Treasury Position
As of October 26, 2025, Strategy Inc. holds 640,808 Bitcoin, acquired for a total purchase price of $47.44 billion. The average cost basis across all holdings stands at $74,032 per Bitcoin. The filing listed W. Ming Shao, the Executive Vice President and General Counsel, as the signatory.
Following Strategy’s Q3 2025 Bitcoin gains of $3.9 billion in unrealized appreciation, the company launched its preferred stock instruments. The STRC, STRD, STRF, and STRK series were created to generate capital for Bitcoin purchases. All four instruments began trading on Robinhood on October 3, 2025.
This recent purchase from October 20-26 follows a pattern of regular acquisitions. Strategy added 220 Bitcoin during the week of October 6-12 while buying during market chaos that saw $19.35 billion in crypto liquidations. The company made its previous acquisition of 196 Bitcoin in late September at an average price of $113,048 per coin.
Strategy maintains its position as the largest corporate holder of Bitcoin through ongoing capital raises and systematic purchases. The company’s treasury strategy has drawn both institutional support and criticism. Despite any concerns, Strategy continues to use multiple stock instruments to fund acquisitions across varying market conditions.
