MicroStrategy Adds 267 Bitcoin, Repurchases $193.1 Million in Preferred Shares

MicroStrategy (MSTR) has continued to expand its bitcoin holdings while actively managing its capital structure, purchasing 267 bitcoins and repurchasing $193.1 million of its preferred stock, the company disclosed in a regulatory filing covering the period from October 12 to October 18, 2026.

Bitcoin Acquisition Details

To fund its latest cryptocurrency purchase, MicroStrategy sold 140,872 shares of its Class A common stock through its at-the-market (ATM) offering, generating net proceeds of $22.0 million. The company then used these funds to acquire 267 bitcoin for an aggregate price of $22.1 million.

The purchase was made at an average price of approximately $82,900 per bitcoin. According to the filing, as of October 18, 2026, MicroStrategy's total holdings have increased to 848,517 bitcoin. The company's total aggregate cost for its bitcoin is $64.02 billion, reflecting an average purchase price of $75,446 per coin.

Capital Management and Share Repurchases

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Alongside its bitcoin accumulation, MicroStrategy executed a significant share buyback. The company repurchased 1,938,780 shares of its STRC preferred stock for a total of $193.1 million during the period, using its USD Cash reserves. No other classes of stock were repurchased.

In a move signaling a commitment to this strategy, the company's board of directors approved an increase in its digital credit securities repurchase program authorization from $2.0 billion to $3.0 billion. As of October 18, $1.16 billion remained available under this expanded program. The filing also noted the company used $45.5 million from its USD Reserve to pay dividends on its preferred stock.

As of the filing date, MicroStrategy reported a USD Reserve balance of $4.83 billion and a USD Cash balance of $447.3 million. The company retains substantial capacity to raise further capital, with $18.79 billion remaining under its ATM program for its MSTR Class A common stock.