Strategy buys 267 Bitcoin as Saylor raises STRC buyback limit to $3 billion

Strategy has acquired another 267 Bitcoin, lifting its total holdings to a record 848,517 BTC, while repurchasing $193 million of STRC preferred stock and raising its digital credit securities buyback authorization to $3 billion. Summary Strategy has acquired another 267 BTC, lifting its reported Bitcoin holdings to a record 848,517 coins. Michael Saylor disclosed another $193 million in STRC preferred share repurchases alongside the latest Bitcoin purchase. The company raised its digital credit securities repurchase authorization from $2 billion to $3 billion total. Strategy reported approximately $5.3 billion in dollar assets, below the $5.5 billion disclosed one week earlier. Saylor published updated credit assumptions, including a Bitcoin reference price of $81,468 and 40% annual volatility. According to executive chairman Michael Saylor’s October 19 announcement, the company held approximately $5.3 billion in dollar assets as of October 18. The latest disclosure follows Saylor’s weekend suggestion that another Bitcoin purchase was approaching, continuing the company’s practice of announcing treasury changes early in the week. It shows Strategy allocating capital to both Bitcoi...