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Strategy opts for bigger spending on STRC buybacks over BTC purchases

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Cointelegraph
Strategy opts for bigger spending on STRC buybacks over BTC purchasesWorldPing
Image via Cointelegraph.

What happened

Strategy bought 334 Bitcoin for $28.7 million last week while spending $176.3 million to repurchase about 1.77 million shares of STRC.

Key facts

  • Strategy bought 334 Bitcoin for $28.7 million last week while spending $176.3 million to repurchase about 1.77 million shares of STRC.
  • Reported by Cointelegraph and published Mon, 05 Oct 2026 13:22:16 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. ‘More orange than ever’: Michael Saylor’s Strategy buys 334 bitcoin for $28.7 million as total holdings top 848,000 BTC

  2. Strategy’s Bitcoin Treasury Reaches 848,000 After 334 BTC Buy

  3. Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC

  4. Strategy opts for bigger spending on STRC buybacks over BTC purchases

  5. Metaplanet reveals net income strategy to fuel Bitcoin accumulation

Sources

The original report was published by Cointelegraph. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Cointelegraph

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Related WorldPing coverage

Strategy’s Bitcoin Treasury Reaches 848,000 After 334 BTC BuyWorldPing
Bitcoin.com

Strategy’s Bitcoin Treasury Reaches 848,000 After 334 BTC Buy

Strategy added another 334 BTC for $28.7 million, bringing its bitcoin holdings to exactly 848,000 BTC as of Oct. 4. The company paid an average $85,838.80 per coin in the latest purchase, while its entire bitcoin position carries a $63.97 billion cost basis.

Brief by WorldPing · Original reporting by Bitcoin.com