TREE NEWS update: Strategy founder Michael Saylor said the company added 250 BTC and repurchased $192 million of its STRC dollar-denominated preferred stock. As of October 11, 2026, Strategy holds 848,250 BTC alongside $5.5 billion in dollar assets. Saylor put MSTR’s USD duration at 3.5 years based on a BTC price of $82,252, with STRC’s BTC credit spread at 52 basis points.
Strategy Adds 250 BTC, Repurchases $192M of STRC Preferred Stock: Saylor
The dual move — adding bitcoin while retiring dollar-denominated preferred — reads as balance-sheet housekeeping rather than fresh conviction, and the small BTC increment relative to the existing stack supports that. The more informative figures are the duration and credit-spread disclosures, which frame Strategy's preferreds as a spread product tied to bitcoin's path. Whether STRC's spread stays tight as the stack grows is the open question.
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