Strategy Inc., the Bitcoin treasury company formerly known as MicroStrategy, purchased 334 Bitcoin over the past week, according to a regulatory filing disclosed Monday.
The official disclosure in Form 8-K filed with the Securities and Exchange Commission (SEC) in October, says that the company acquired 334 BTC for $28.7 million between October 1 and October 4, 2026, at an average price of $85,838.8, lifting holdings to 848,000 BTC.
The purchase follows the company’s September 28 Form 8-K, which showed Strategy acquired 1,665 Bitcoin between September 21 and September 27 for $142.7 million at an average price of $85,681 per coin, inclusive of fees and expenses. That earlier transaction lifted holdings to 847,666 BTC, acquired for an aggregate $63.95 billion at a blended average cost of $75,437. Adding the latest reported amount would place the stack near 848,000 coins—more than 4% of Bitcoin’s fixed 21 million supply.
Strategy has financed recent accumulation primarily through its at-the-market equity program and existing dollar balances. In the week ended September 27 it sold 1,469,165 shares of Class A common stock (MSTR), generating $246.2 million in net proceeds. Of that sum, $142.7 million went to Bitcoin and $103.5 million to repurchases of its variable-rate Series A perpetual preferred stock, known as STRC.
The company also drew $48.1 million from its USD Cash account for additional preferred buybacks and paid $22.1 million in preferred dividends from its USD Reserve. As of September 27 those balances stood at $5.02 billion in the reserve—earmarked for dividends and interest—and $1.00 billion in deployable cash.
The latest buy arrives days after Saylor posted “More orange than ever” alongside the firm’s accumulation chart on Sunday on X. Such weekend messages have frequently preceded Monday filings. The purchase is smaller than the prior week’s addition and far below the multi-thousand-coin blocks Strategy executed earlier in the year, yet it continues a resumption of buying that began in late August after a summer pause.
During that interval the company sold Bitcoin under a board-authorized monetization program to bolster dollar reserves and support preferred dividends, then returned to net accumulation.
Market observers noted the contrast with preferred-stock issuance. Strategy last sold STRC through its ATM facility in mid-May, raising nearly $2 billion; remaining capacity has since stayed near $17.5 billion, indicating no further primary sales of that series.
Common-stock proceeds have instead funded both Bitcoin purchases and STRC repurchases as the preferred traded near par. Critics, including longtime Bitcoin skeptic Peter Schiff, have argued the firm has lost its cheapest funding channel, while the company maintains that its cash reserve and equity programs leave it positioned to keep buying.
Bitcoin traded around the $85,000-$86,000 range around the disclosure, as per CoinGecko market data, leaving Strategy’s historical average cost below spot and the treasury in unrealized profit on a blended basis. U.S. spot Bitcoin ETFs have also added coins in recent months, with one analytics firm estimating roughly 88,000 BTC of net inflows since early July. Strategy’s holdings remain the largest corporate stack by a wide margin.
The firm, based in Tysons Corner, Virginia, reoriented its balance sheet toward Bitcoin in August 2020 and later rebranded from MicroStrategy to Strategy to reflect that focus. Weekly 8-K updates have become a market ritual, detailing ATM sales, Bitcoin acquired or sold, preferred repurchases, and dollar-reserve movements.
For now, the latest filing continues that pattern at a more modest scale, reinforcing Saylor’s stated intention to remain a persistent buyer while managing the capital structure that supports the treasury.
Also read: Bitcoin Treasury Firm Metaplanet Hits 44,000 BTC: Remains Second Largest Public Holder
